The Nearly Naked Trade

Monday, 8 Jun 2009 | 6:18 PM ET

Chalk them up as another recession casualty; the real housewives and husbands – of errr… America.

With trillions in wealth lost last year, many aging baby boomers are forced to fight the fat and cut costs, all at the same time.

Nope, that tummy tuck is no longer affordable -- neither is that fancy fat-free lunch or the high-priced celebrity gym membership.

And to make matters worse, it's bathing suit time. Considering almost no on likes how they look nearly naked, what’s the trade?

The Fast Money traders suggests looking at the following:

'Hide the Fat' Trade
A look at companies that help you look better in the summer, with the Fast Money crew.

Madienform Brands ; the maker of Maidenform, Lilyette, Flexees & Control It! "shapewear".

Warnaco Group ; the maker of Calvin Klein underwear, Olga, Warner's.

Hanesbrands The maker of L'eggs, Playtex, Bali, Wonderbra, Smooth Illusions Go Figure 'bodywear'.

All the companies mentioned above make garments that help the body appear slimmer. And the traders also says take a look at the following as drug companies involved in the battle of the bulge.

GlaxoSmithKline; the maker of Alli weight loss

Allergan; the maker of obesity treatments

And for those of you hotties out there who like to show off what you've got -- the traders have one more play.

Limited Brands; the maker of Victoria's Secret!

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Trader disclosure: On June 8th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (BX) Call Spread; Najarian Owns (DELL) Call Spread; Najarian Owns (FCX) Calls & Put Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (MCD) Call Spread; Najarian Owns (MOS) Put Spread; Najarian Owns (PALM) Call Spread; Najarian Owns (WNR); Najarian Owns (ISIS); Terranova Owns (TER), (XBI), (ABT), (RIMM), (BTU), (BRCM), (GENZ); Terranova Owns (MS) & (MS) Calls; Terranova Is Short (FCX) & (FCX) Puts; Terranova Owns (HES) & (HES) Calls; Terranova Owns (XOM) Call Spread ; Terranova Owns (DIS) Call Spread; Terranova Owns (X) & (X) Calls; Terranova Owns (JPM) & (JPM) Calls; Terranova Owns (POT) & (POT) Calls ; Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Finerman Owns (BAC) Preferred; Finerman's Firm Own (NOK), (PBR), (RIG), (TBT), (WRC), (KFT); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (WFC) Preferred; Finerman Owns (WFC) Preferred; Finerman's Firm Is Short (BAC)

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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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