A sex study published in the New England Journal of Medicine Thursday showed that people in their 70’s and 80’s are more sexually active than previously thought. More than a quarter of seniors up to age 85 reported having sex in the previous year. What's the trade?
Carter Worth is Chief Market Technician for Oppenheimer & Co and he joins the panel.
Pete Najarian says people enjoy having sex and more of them are living longer. Consequently, he says the play is Eli Lilly (LLY) for Cialis, Pfizer (PFE) for Viagra and GlaxoSmithKline(GSK) for Invitra.
Pete Najarian says of these three names he likes LLY best for their diabetes pipeline.
Guy Adami thinks the trade is Zimmer Holdings (ZMH) for hip replacements.
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Trader disclosure: On Aug 23 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money; Macke Owns (DIS), (ATVI), (HAS); Najarian Owns (GS) Puts; Najarian Owns S&P Puts; Oppenheimer & Co. Inc. Is A Market Maker In (MRVL)