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Your Questions About... Freeport McMoRan, Burger King, Kraft...

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Time to sort through the Fast Money in-box and answer more of your questions.

Dan from California

Dan writes, “Freeport-McMoRan has had quite a run up lately. Is the trade over or does it have more legs?"

I think copper will continue to go higher which bodes well for FCX but I wouldn’t initiate a long position here, counsels Guy Adami. I’d wait for it to pull back into the mid-$30’s.

Symbol
Price
 
Change
%Change
FCX
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Rich from Canada

Rick writes, “Burger King had a big pullback today on the poor traffic numbers released. Is there a trade here? Would you buy in at these levels?

I’d buy McDonald’s, replies Jeff Macke. Don’t buy the second string.

From Twitter

What is your opinion of the consumer staples? Should I buy names like Kraft , Coke or Pepsi here?

Rather than those stocks, in the space I think Procter & Gamble looks attractive at current levels, replies Karen Finerman.

Symbol
Price
 
Change
%Change
PG
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Trader disclosure: On Apr. 15th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (WFC), (AAPL), (WMT), (GS), (GE), (SDS), (GCI); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU) ; Finerman Owns (BAC) PreferredFinerman's Firm Owns (CTX), (MSFT), (RIG), ; (PBR), (UNH); Finerman's Firm Owns (BAC) Preferred; (WFC) Preferred; Finerman's Firm Is Short (BAC), (WFC), (MDY), (SPY), (USO); Najarian Owns (BX) Call Spread; Najarian Owns (C) Call Spread; Najarian owns (GS) Calls; Najarian Owns (INTC) Calls; Najarian Owns (JPM) Call Spread; Najarian Owns (PALM); Najarian Owns (RIO) Calls; Najarian owns (VAR) Call Spread; Najarian Owns (XHB) Call Spread