An up-and-down week for markets had "Fast Money" traders wondering if some strong trades will hold up.
Markets took a downward turn Wednesday and Thursday after the minutes from the Federal Reserve's April policy meeting showed the central bank could raise interest rates in June if data improves as expected. Traders discussed whether some market-beating stocks could continue their runs with possible volatility from the Fed looming.
McDonald's: Shares of fast-food titan McDonald's have soared 22 percent in the past year, compared with a 3.5 percent decline for the S&P. But investors have grown "apathetic" about the stock after its run and are willing to sell it, contended trader David Seaburg.
Estee Lauder and PepsiCo: Shares of Estee Lauder and PepsiCo have risen 1.6 and 2.5 percent, respectively, in the past year. Trader Tim Seymour said he would stick with those stocks as they provide "significant growth."
Procter and Gamble: Procter and Gamble's stock has not enjoyed as much success as some peers, falling 0.6 percent in the last year. Trader Brian Kelly said he would consider "aggressively" shorting the stock.
Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.
Brian Kelly is long BBRY, Bitcoin, US Dollar; he is short Australian Dollar, BLK, CS, DB, Euro, EWA, EWH, FRC, Hong Kong Dollar, IWM, UBS, Yuan Short: SPY and S&P 500 Futures
Opinions expressed by David Seaburg are solely his own and do not reflect the views and opinions of Cowen Group, Inc
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