NEW YORK (TheStreet) --The S&P 500 again closed at an all-time high as investors remain optimistic on earnings and the reopening of the U.S. government.
Google (GOOG) reported strong earnings on Thursday and the stock broke $1,000 on Friday.
Guy Adami, managing director of stockmonster.com, said the stock will likely pull back to the low-$900 level, which will offer investors a chance to buy.
Brian Kelly, founder of Brian Kelly Capital, said he doesn't think new investors should initiate a position in Google without waiting for a pullback and those that are long should look to trim their positions.
Josh Brown, a financial adviser at Ritholtz Wealth Management, said the company still has a ton of growth ahead and the psychological trading behavior should allow it to run to $1,200, especially with institutions coming into the name.
Kelly also likes energy and would invest in natural gas stocks like Apache and ConocoPhillips or in the commodity via the U.S. Natural Gas ETF (UNG).
Brown said he preferred the solar sector because it is so far from reaching its full potential.
Adami said Netflix (NFLX) has been doing well but it would be "suicidal" to get involved with it ahead of earnings since the stock is so volatile.
Kelly said he would go with Time Warner Cable (TWC) over Netflix.