How to play the slide in big technology stocks

Some big-name technology stocks stumbled on Tuesday, but the pain for the sector may not end any time soon, CNBC "Fast Money" traders said.

Google (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN) and Facebook (NASDAQ: FB) have blown past the S&P 500 (INDEX: .SPX) this year, while Apple is in the red for 2015 after losing momentum during the summer. All of those stocks, though, failed to make significant gains Tuesday, when major U.S. averages closed mixed in up-and-down trading.

For trader Dan Nathan, high-growth technology names could see another leg down, as many sit at "very speculative valuations."

"It's all in the stock price here," he said.

He pointed specifically to weakness for Facebook, which he contended could fall to $80 per share. It closed Tuesday at $86.67 after falling nearly 3 percent.

Trader David Seaburg disagreed with Nathan's outlook, contending Facebook was a "gift" below $90 per share.

"I'm really surprised that it's been punished so much," he said.

Read More Facebook is going to $100: Trader

Seaburg also took a particularly bearish outlook on Apple, saying it does not have another new product to send its stock higher. Apple announced this week that it broke a first-weekend sales record with the launch of its iPhone 6s line, but its shares shed 3 percent Tuesday.

Still, trader Pete Najarian, an Apple shareholder, contended that the iPhone upgrade cycle could sustain Apple into next year, when it may get another catalyst to kickstart stock growth.

Seaburg also touted shares of Google and Amazon. Google, in particular, has a reasonable valuation despite a 13 percent gain this year, he said.

Google shares ended barely positive Tuesday after the company unveiled new phones and streaming devices.

Read More Google launches new phones, streaming devices

Disclosures:

Pete Najarian

Long AAPL, AMAT, BAC, BMY, BP, CSX, DIS, DISCA, DKS, FOXA, GE, KKR, KO, MRK, PEP, PFE, PHM he is long calls AA, ABX, BMY, DAL, EEM, FL, MPEL, PFE, SWFT, UAL, XLF, XOM, ZIOP, he is long puts DISH, FCX, X

Dan Nathan

Dan is long PYPL Oct call calendar, BA Oct put spread, INTC Oct put spread, QQQ Oct put spread, UAL Oct/Nov put spread, XLU call spread, TWTR, PG

David Seaburg

Opinions expressed by David Seaburg are solely his own and do not reflect the views and opinions of Cowen Group, Inc

Guy Adami

Guy Adami is long CELG, EXAS, INTC, Guy Adami's wife, Linda Snow, works at Merck.

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