8 plays from 8 top traders
Adam Jeffery | CNBC · CNBC

Thursday's broad rally in U.S. markets left no shortage of strong moves going forward. Many sectors contributed to gains of more than 1.5 percent in the three major American indexes.

Eight traders on CNBC's " Fast Money " saw rally plays across a variety of areas.

1. iShares U.S. Home Construction ETF (NYSE Arca: ITB): The Federal Housing Administration plans to lower mortgage insurance premiums and Charles Evans, president of the Chicago Federal Reserve Bank, said the Fed shouldn't be in a hurry to raise rates. The combination bodes well for the housing market, trader Brian Kelly said.

He noted the fund tracks stocks in the home construction sector, rather than the home retail sector. It rose more than 2 percent on Thursday.

"I think if you have a breakout here in the ITB, which you're getting, that could be the trade of 2015," Kelly said.

2. WisdomTree Japan Hedged Equity Fund (NYSE Arca: DXJ): The Japan-linked fund is hedged, which reduces its currency risk, said trader Jon Najarian. The fund closed on Thursday at $49 per share, which Najarian believes serves a great entry point as it could tick up to $58 per share.

"At least for the first half of the year, this is my trade," Najarian said.

3. Goldman Sachs (GS): The company "has done everything right," said trader Guy Adami. He praised CEO Lloyd Blankfein's leadership and touted Goldman as "the best name in the space."

While the stock climbed over $190 per share on Thursday, Adami believe it still holds great value.

"Yes, it's expensive, but yes, they deserve it," Adami said.

4. Twitter (TWTR): The company is "a very unique social media property," said trader Dan Nathan. The stock climbed over $39 per share on Thursday.

"There's massive scarcity value that's not being appreciated at the current price," Nathan said.

5. American Express (AXP): Growth, earnings and cash flow make the financial services company an appealing play, said trader Pete Najarian. The stock closed up more than 1 percent above $91 per share on Thursday.

"In an economy that everyone says is improving, I think it's improving as well," Najarian said.

6. Sunedison (SUNE): The solar energy company will move with oil in the immediate future, said trader Karen Finerman. It closed up more than 5 percent on Thursday at just under $20 per share.

"If oil moves up or even stays the same, on that alone, it'll move up," Finerman said.

But the company's profile-including a "management team that is really focused on shareholder value"-make Sunedison more than a rising oil play, she added.

7. Best Buy (BBY): The electronics retailer will be bolstered by hardware like smart wearable technology, iPhones (AAPL) and GoPro (GPRO) cameras, said trader Steve Grasso. It closed up more than 1 percent at just over $39 per share on Thursday, and many analysts in the sector believe it will go higher, Grasso added.