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Seeking safety? 6 trades on the stock selloff

Investors looking for safety after Friday's selloff should pick names that resisted the downward momentum, CNBC "Fast Money" traders said.

"The things that did well I think are the things you have to continue to look at," said trader Guy Adami.

The three major U.S. indices dropped more than 1 percent on the day, with the Dow Jones industrial average shedding nearly 300 points. More uncertainty looms ahead, as a slew of key companies report quarterly earnings next week.

Read MoreEarnings gusher is next test for stocks after market wipeout

Traders discussed which stocks may thrive—or slip even more—in the weeks ahead.

Netflix

Shares in streaming media company Netflix hit all-time highs after its quarterly earnings report Thursday, and they continued to roll on Friday. The stock rose nearly 2 percent, closing above $571 per share.

Netflix resisting Friday's selloff, especially after hitting all-time highs, bodes well for the stock moving forward, Adami said.

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Blackstone Group

Financial firm Blackstone also weathered Friday's storm, rising almost 2 percent on the day. The stock has climbed 24 percent on the year.

Read MoreWait, what? Why you should buy high and sell low

Blackstone makes for another strong play in an uncertain market, Adami said.

Peabody Energy

Coal company Peabody Energy dropped nearly 2 percent on Friday, but that move reassured trader Steve Grasso. He said the stock "should have been getting pummeled" even more, and that bodes well for it.

iShares MSCI Turkey ETF

Trader Tim Seymour looked outside the United States for his safety play. He likes the iShares MSCI Turkey ETF, which tracks a range of Turkish stocks.

Read MoreWhat traders are buying on a down day

The fund edged up slightly on Friday.

American Express

Financial services company American Express shed 4 percent a day after posting first-quarter revenue that missed Wall Street expectations on Thursday. It traded down to about $77 per share Friday.

Adami said the stock "feels like it wants to trade lower."

Costco Wholesale

Retailer Costco went higher in extended trading after announcing it would increase its dividend by about 5 cents to 40 cents per share and replace its current stock repurchase program. The 1 percent after-hours gain failed to recoup losses of nearly 2 percent in Friday's regular session.

Trader Steve Grasso noted that traders should tread lightly with the stock, as it "seems a little bit weak."

Disclosures:

Tim Seymour

Tim Seymour is long T, BAC, BX, C, DAL, DIS, F, GE, GM, GOOGL, INTC, EWP, SUNE and TWX. Tim's firm is long BABA, BIDU, CHL, IBN, MCD, NKE, NOK, SBUX, TUR and VALE.

Steve Grasso

Steve Grasso is long AAPL, EVGN, MJNA, PFE, T, TWTR, GDX, BAC and BTU. His firm is long AMD, AMZN, NE, OXY, VALE and RIG. His kids own EFG, EFA, EWJ, IJR and SPY.

Brian Kelly

Brian Kelly is long BTC=, CTRL calls, GSG, BBRY and SPY puts. He is short 30-Year bond futures. He is short yuan. Today, he covered U.S. dollar. Today, he sold euro. Today, he sold EEM. Today, he sold GLD.

Guy Adami

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