NEW YORK (TheStreet) -- The S&P 500 broke the three-day losing streak Tuesday.
On CNBC's "Fast Money" TV show, Tim Seymour, managing partner of Triogem Asset Management, said he continues to like shares of Google (GOOG - Get Report), which could be considered a value stock based on forward estimates.
Steve Grasso, director of institutional sales at Stuart Frankel, thinks GOOG has solid fundamentals to go alongside its strong price momentum. He called it, "the best of both worlds."
Karen Finerman, president of Metropolitan Capital Advisors, said shares of GOOG are no longer cheap, but are not yet expensive either. She'd like to see the company do something with its cash.
Guy Adami, managing director of stockmonster.com, said GOOG reports earnings later this month and suggested that investors might get a buying opportunity if the stock sells off.
Finerman thinks the oil shipping space can outperform, including Frontline (FRO - Get Report), Teekay Tankers (TNK - Get Report) and Ship Finance International (SFL - Get Report). But she warned it's a volatile area.
Spirit Airlines (SAVE - Get Report) only had 16 flight cancellations due to the recent winter storm while the rest of the airline industry had 4,400, said Ben Baldanza, CEO and president of SAVE, who was a guest on the show.
He said the regions that were hit by the storm only made up a small percentage of SAVE's total operations. The storm should not have any major impact on the upcoming quarter, he added. Regarding the recent baggage fee hike, he said there has not been a pushback from customers because the fee does not apply to online bookings, which is how a majority of SAVE's customers book their trip.
Seymour said the low-fare airlines are the only ones seeing a significant boost in demand.
Betsy Van Hees, an analyst at Wedbush Securities, was a guest on the show discussing Micron's (MU - Get Report) recent earnings quarter. She currently rates the stock as an outperform, with a $27 price target. She added that its competitor, SK Hynix, could still be three to six months away from becoming operational. She also said the outlook on DRAM pricing looks optimistic.
Seymour said this is great news, but he would be taking profits after the big move higher. Adami agreed.
Finerman was not a buyer of Lululemon Athletica (LULU - Get Report) since the new CEO may lower the bar going forward. However, she was not a seller either because the company has a high short interest and is a premier brand.
Sara Eisen of CNBC was a guest on the show discussing shares of Coca-Cola (KO - Get Report). She said the stock underperformed both PepsiCo (PEP - Get Report) and the S&P 500 in 2013. She added that many short-term headwinds have been removed and the World Cup soccer championship in Brazil should boost volume in the region. Although soda consumption may be declining in the U.S., it's not internationally, and that is where 60% of KO's revenue come from, she said.
Adami said he would buy PEP over KO because it is more diversified. Finerman was a buyer of SodaStream (SODA).
With Ford (F - Get Report) CEO Alan Mulally announcing he would stay at the auto maker, Adami said the stock is now more compelling to own. He called shares a "screaming buy" if auto sales are strong in January.
Sherri Scribner, senior research analyst at Deutsche Bank, was a guest on the show. She said the consumer market is not that big for Stratasys (SSYS - Get Report) and 3D Systems (DDD - Get Report), but the industrial market is. The 3-D printing space in the consumer market is worth about $40 million compared to the $2 billion industrial market. She concluded that patent expirations would not hurt SSYS and DDD because it is on older technologies.
Michael Kors (KORS) dropped 4% and Finerman said she is not a buyer based on valuation.
Adami said Yahoo! (YHOO) seems a bit extended but looks like it could go higher based on strong momentum. Grasso said he sold about 80% of his YHOO position to take profits.
Seymour said YHOO's core business offers upside while most investors seem to be buying because of its stake in Alibaba.
For their final trades, Finerman is buying Ann (ANN) and Seymour is buying KO with a stop-loss at $39. Adami said to buy COL and Grasso is buying GOOG on an earnings-induced selloff.