Hungry? Chew on these food trades

Markets rallied again this week, and "Fast Money" traders turned to some names investors have eaten up.

Major U.S. averages ended Friday with a five-week winning streak. The Dow Jones industrial average and S&P 500 closed positive for the year.

Many food stocks have beaten the market this year, and traders contended that some of those could continue to rise.

McDonald's Big Mac
Source: McDonald's
McDonald's Big Mac

Shares of fast-food giant McDonald's have climbed 5 percent this year, and trader Steve Grasso believes they still have "tremendous upside." He said the stock could top $155 per share, up from its Friday closing price of about $124.

Trader Tim Seymour chose Olive Garden owner Darden Restaurants, which is up nearly 6 percent this year. He cited steady growth and a roughly 3 percent dividend yield.

J.M. Smucker also looks appealing after a dip of nearly 1 percent Friday, said trader Guy Adami.

Trader Brian Kelly looked to DineEquity, which owns IHOP and Applebee's. The stock has climbed nearly 11 percent this year.

Disclosures:

Guy Adami

Tim Seymour is long AAPL, AVP, BAC, BBRY, DO, EDC, F, FCX, GM, GOOGL, INTC, NKE, SINA, T, TWTR, VZ, XOM. Tim's firm is long BABA, BIDU, CLF, KO, MCD, MPEL, PEP, PF, SAVE, SBUX, VALE, WMT,YHOO, short HYG, IWM.

Steve Grasso

Steve is Long AAPL, BA, CC, DD, DIS, DECK, EVGN, KBH, MJNA, MO, MU, OLN, PFE, PHM, T, TWTR, GDX kids own EFA, EFG, EWJ, IJR, SPY

Brian Kelly

Brian Kelly is long BBRY, Bitcoin, GLD, GLD puts, SH, SLV, TLT, US Dollar, UUP, Yen; he is short Aussie Dollar, BLK, British Pound, CS, DB, Euro, EWH, FRC, Hong Kong Dollar, UBS, SPY, Yuan, 5-Year Note Futures

Tim Seymour

Tim Seymour is long AAPL, AVP, BAC, BBRY, DO, EDC, F, FCX, GM, GOOGL, INTC, NKE, SINA, T, TWTR, VZ, XOM. Tim's firm is long BABA, BIDU, CLF, KO, MCD, MPEL, PEP, PF, SAVE, SBUX, VALE, WMT,YHOO, short HYG, IWM.