Trader Guy Adami believes Cheesecake Factory shares will slide more, and he contended they are worth buying at around $48 per share. The stock traded at about $50 after the market close.
Trader Tim Seymour was not as optimistic but said the stock's valuation is "fine."
Seymour also argued Buffalo Wild Wings' price was "a little rich," even after the drubbing on Wednesday. However, trader Pete Najarian said he would buy on the dip.
Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.
Long AAPL, BAC, BMY, CSCO, DIS, DISCA, GE, KMI, KMI.A, KO, MRK, PEP, PFE, SAVE, ZIOP Long Calls: AAL, ADX, AKS, AMJ, BAC, CL, DATA, EBAY, EGO, ENR, EWZ, F, HAIN, KBH, KMI, KO, MT, NLNK, SBUX, SLV, SPG, TCK, UAL, Long Puts: FCX, MS, PBR, VLO bought, FB, KATE calls sold XOM, KORS calls added to AAPL
Dan is long XLF may/ sept put spread. long PFE, long TWTR, long GE May 28 puts, long HYG June puts, long IWM May and September puts, long XHB June put spread, long XLE April/June put spread, FXI Long Aug Puts, SMH Long Aug puts, XLK long Sept put spread. TWTR long Sept risk reversal
Tim Seymour is long AAPL, AVP, BAC, BBRY, CLF, DO, EDC, EWZ, F, FCX, FXI, GM, GOOGL, GRMN, GE, GLNCY, INTC, LQD, MCD, MPEL, NKE, RACE, RAI, RL, 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