Fast Money friend Regis Philbin is taking time off for a hip replacement. Philbin, 78, made the announcement Monday on his show, Live with Regis and Kelly.  His surgery is scheduled for December 1.

Philbin didn't give a firm date for his return to the show, saying only, "I'll be back next year."

The show later said, "Recovery for this procedure typically is estimated to be four to six weeks, and Regis expects to return to 'Live' as soon as possible."

Not only do the Fast Money traders wish Philbin a quick and pain-free recovery, but knowing he’s an avid investor, they also came up with a trade.

Take a look at Zimmer Holdings

ZMH loading...

Quote  |  Chart  |  News  |  Profile

[ZMH  Loading...      ()   ], says Guy Adami. They design, manufacture and market orthopaedic implants.

There's a chance they even made Regis' hip!

 

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Current DateTime: 06:17:41 09 Feb 2012
LinksList Documentid: 26256943

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Current DateTime: 06:17:40 09 Feb 2012
LinksList Documentid: 26256941

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Trader disclosure: On Nov. 25th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AAPL), (BAC), (EEM), (FXI), (INTC); Terranova Owns (SU), (GOOG), (AAPL); Terranova Owns (UNG) April 2010 Calls; Terranova Owns Gold Futures; Terranova Owns Nat Gas Futures; Grasso Owns (AAPL), (BA), (BAC), (C), (COST), (PFE), (V), (WMT)

For Steve Grasso
Stuart Frankel Owns (NYX)
Stuart Frankel Owns (SDS)
Stuart Frankel Owns (TBT)
Stuart Frankel Owns (PDE)
Stuart Frankel Is Short (QQQQ)

For Dan Binder
Jefferies Has Received Compensation From (BJ)
Jefferies Makes A Market in (COST)
Jefferies Has Received Compensation From (LOW)
Jefferies Makes A Market In (SPLS)
Jefferies Has Received Compensation From (USTR)

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