CNBC has pitted many companies against each other and are registering the votes from viewers on which stock would they prefer. In one such battle, they have pitted the tech giants Facebook Inc (NASDAQ:FB) and Google Inc (NASDAQ:GOOGL) against each other. Fast Money traders Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami picked their choices in the tie and elaborated the reasons behind their pick on CNBC.
Seymour said that he prefers Google Inc (NASDAQ:GOOGL) over Facebook Inc (NASDAQ:FB). He said that despite weak quarter earnings in the last quarter, Google Inc (NASDAQ:GOOGL) has shown a 25% topline paid click growth, which he thinks is very good. He pointed out that Google Inc (NASDAQ:GOOGL) is already trading at 17 times earnings.
“[…] This is the company (GOOGL) to me has a lot of activism catalyst behind it. There was a lot of cash in the balance sheet, we know Silicon Valley is being attacked. I think this is a company like Apple will have people looking for them to free of capital and give back to investors” Seymour said.
On the other hand Brian Kelly said that he prefers Facebook Inc (NASDAQ:FB) over Google Inc (NASDAQ:GOOGL). He feels that there is a great break out on Facebook Inc (NASDAQ:FB) stock and he feels that the company is firing on all cylinders at the moment. He said that there was a lot of criticisms about Facebook Inc (NASDAQ:FB) making big money acquisitions, but he feels that all of the acquisitions are working out and making them a lot of money now. He pointed out that Google Inc (NASDAQ:GOOGL) is falling behind in social media. He feels that Google Inc (NASDAQ:GOOGL) acquitting Twitter would put them back in the social media race.
Grasso said that Google Inc (NASDAQ:GOOGL) has a social strategy with YouTube in their wings. He pointed out that he is holding on to both Google Inc (NASDAQ:GOOGL) and Facebook Inc (NASDAQ:FB) stock, but he said that he prefers Facebook Inc (NASDAQ:FB). He said that Google Inc (NASDAQ:GOOGL) was laggers in 2014 and they might become leaders in 2015. He said that wings of Google Inc (NASDAQ:GOOGL) like Nest, Waze, Cars, etc, will help Google Inc (NASDAQ:GOOGL) in regaining their hold in the market.
Finally, Adami supported Facebook Inc (NASDAQ:FB) making it 2-2. He pointed out that people talked about Instagram acquisition as overpaid, but he mentioned that it was the best acquisition in the past 15-20 years, since it is making a lot of money for Facebook Inc (NASDAQ:FB).
He said that Facebook Inc (NASDAQ:FB) had trouble at around $80, but he feels that the stock is going to break through and will continue to rally in this year.
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