A SpaceX rocket launch Friday had "Fast Money" traders debating which stocks could soon blast off.

Mechel

Trader Tim Seymour believes Russian mining company Mechel has upside following a sustained slide in the prices of many commodities. Its U.S.-listed stock has climbed nearly 12 percent this year but has still plunged about 38 percent in the past 12 months.

KB Home

Trader Steve Grasso touted shares of KB Home, which have risen 17 percent this year. He owns the stock, which he said could be a merger or acquisition target.

Grasso noted he would use a $14 stop for the stock, which closed at about $14.50 on Friday.

Market Vectors Gold Miners ETF

Trader Guy Adami contended the Market Vectors Gold Miners ETF — which has soared 56 percent this year — could climb even more. The fund has rallied this year along with gold futures, which are up about 17 percent.

Deutsche Bank

Trader Brian Kelly, on the other hand, said he would sell a stock that has failed to get off the ground. He noted he would stay away from Deutsche Bank, which has lagged the broader market.

The bank's U.S.-listed shares have plunged 34 percent this year.

Disclosures:

Tim Seymour

Tim Seymour is long AAPL, AVP, BAC, BBRY, DO, EDC, EWZ, F, FCX, GM, GOOGL, GRMN, GE, GLNCY, INTC, LQD, MPEL, NKE, RACE, RAI, SINA, T, TWTR, UA, VALE, VZ, XOM. Tim's firm is long BABA, BIDU, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, YHOO, short HYG, IWM, WYNN

Steve Grasso

Steve is Long AAPL, BA, BAC, CC, DD, DIS, DECK, EVGN, KBH, MJNA, MU, OLN, PFE, PHM, T, TWTR, GDX firm is long WYNN 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, EWA, EWH, FRC, Hong Kong Dollar, UBS, SPY, Yuan, 5-Year Note Futures

Guy Adami

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