NEW YORK (TheStreet) -- The broader market rallied into the close Friday's session, led by technology.
On CNBC's "Fast Money" TV show, Amazon (AMZN) was the first stock on the show's "Hold 'Em or Fold 'Em" segment. Guy Adami, managing director of stockmonster.com, was a seller along with Brian Kelly, founder of Brian Kelly Capital.
Tim Seymour, managing partner at Triogem Asset Management, concurred for valuation reasons. He likes Amazon's business model, but not the metrics.
Steve Grasso of Stuart Frankel had the lone "hold 'em" call. He noted Amazon revenue jumped 24% year over year but suggested investors do not initiate new positions at these levels.
FedEx (FDX) made new all-time highs after a strong earnings report. Grasso, Adami and Seymour all agreed they'd "hold 'em."
Kelly was the only seller, saying the weaker global economy would start to weigh on the company's earnings.
The entire group agreed Disney (DIS) was not a sell because its content is valuable and its park attendance continues to drive higher revenue.
The group also agreed on Chipotle Mexican Grill (CMG), but this time to collectively sell it. Along with being overvalued, Kelly suggested the stock had gone parabolic while growth is slowing.
Coach (COH) dropped 7% this week and was the first stock on the show's "Pops & Drops" segment. Seymour said to get out because the CEO transition will not be smooth.
Whirlpool (WHR) jumped 9% and Kelly continues to like the stock at these levels.