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Fast Personal Pt 1: Meds For The Masses

Monday, 21 Jun 2010 | 5:52 PM ET

You might call it a paradigm-busting approach to prescription pills.

Astra-Zeneca got the green light this year to peddle its cholesterol-fighter Crestor to a very new crowd: people with no cholesterol trouble at all.

  • New Slideshow: Latest Health Trends For Traders
  • However, the healthiness of the decision has sparked hot debate.

    Advocates say the drug can stop problems before they even start – the ultimate in preventative medicine.

    Meds for the Masses
    Insight on big pharma marketing precscription drugs for healthy people.

    Opponents argue taking unnecessary medication is more about profits than prevention with big pharma desperate to punch up the bottom line.

    Whether the motive is altruistic or ripe with self-interest there’s one point both sides agree on - we’re probably on the precipice of a new trend – taking medications before we desperately need them.

    So, where’s the fast money in meds for the masses?

    For me the place to play is Pfizer, says Anthony Scaramucci. They have an aggressive new pipeline coming.

    I’d play it with Teva , says Joe Terranova. What's good for big pharma is better for generics.

    * Luke Bauer contributed to this post.

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    Trader disclosure: On June 21, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (IPSU), (BX), (PFE), (GMCR), (RSX), (TER), (AXP), (KO), (BMO), (BBY), (DIS), (XCO), (SWN), (AAPL), (IPI), (AGU), (SU), (XOM), (RDS.A), (FXB), (V), (TEVA), (COP), (OXY); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman’s firm own (AAPL); Finerman & Finerman’s firm owns (BBY); Finerman’s firm owns (BP) calls; Finerman’s firm owns (C); Finerman & Finerman’s firm owns (CVS); Finerman owns (FRO); Finerman & Finerman’s firm owns (GOOG); Finerman & Finerman’s firm owns (IBM); Finerman owns (JPM) and calls; Finerman’s firm owns (JPM); Finerman owns (RIG) calls; Finerman’s firm owns (RIG) calls; Finerman owns (TGT); Fienrman owns (WMT); Finerman owns (TK); Finerman is short (IJR); Finerman is short (IWM); Finerman is short (MDY); Finerman is short (SPY); Finerman owns Russell puts; Finerman is short (IYR); Finerman is short (SPY); Finerman owns (IWM) puts’; Grasso owns (ABK); Grasso owns (BAC); Grasso owns (BGP); Grasso owns (C); Grasso owns (DYN); Grasso owns (JPM); Grasso owns (LPX); Grasso owns (NDAQ); Grasso owns (PRST)

    For Anthony Scaramucci
    Scaramucci & Skybridge Capital own (AAPL)
    Scaramucci & Skybridge Capital own (C)
    Scaramucci & Skybridge Capital own (GOOG)
    Scaramucci & Skybridge Capital own (GS)
    Scaramucci & Skybridge Capital own (JPM)
    Scaramucci & Skybridge Capital own (WMT)
    Scaramucci & Skybridge Capital own the S&P 500
    Scaramucci & Skybridge Capital own the U.S. Dollar

    For JoeTerranova
    Terranova works for (VRTS)
    Terranova is chief market strategist of Virtus Investment Partners, LTD.
    Virtus Investment Partners owns more than 1% of (AMKR)
    Virtus Investment Partners owns more than 1% of (IGE)
    Virtus Investment Partners owns more than 1% of (DBV)
    Virtus Investment Partners owns more than 1% of (XLB)
    Virtus Investment Partners owns more than 1% of (XLV)
    Virtus Investment Partners owns more than 1% of (XLY)
    Virtus Investment Partners owns more than 1% of (XLI)
    Virtus Investment Partners owns more than 1% of (XLU)
    Virtus Investment Partners owns more than 1% of (DRYS)

    For Patty Edwards
    Edwards owns (ADBE) for clients
    Edwards owns (AAPL) for clients
    Edwards owns (AMZN) for clients
    Edwards owns (BAC) for clients
    Edwards owns (BBY) for clients
    Edwards owns (C) for clients
    Edwards owns (COP) for clients
    Edwards owns (CVX) for clients
    Edwards owns (DELL) for clients
    Edwards owns (DO) for clients
    Edwards owns (GE) for clients
    Edwards owns (GLD) for clients
    Edwards owns (GOOG) for clients
    Edwards owns (GLW) for clients
    Edwards owns (HAL) for clients
    Edwards owns (HPQ) for clients
    Edwards owns (INTC) for clients
    Edwards owns (JPM) for clients
    Edwards owns (MS) for clients
    Edwards owns (MSFT) for clients
    Edwards owns (NE) for clients
    Edwards owns (NSC) for clients
    Edwards owns (NVDA) for clients
    Edwards owns (ORCL) for clients
    Edwards owns (PNC) for clients
    Edwards owns (QQQQ) for clients
    Edwards owns (RIG) for clients
    Edwards owns (SLB) for clients
    Edwards owns (SPY) for clients
    Edwards owns (STI) for clients
    Edwards owns (STM) for clients
    Edwards owns (TXN) for clients
    Edwards owns (UNP) for clients
    Edwards owns (V) for clients
    Edwards owns (VXX) for clients
    Edwards owns (VZ) for clients
    Edwards owns (WFC) for clients
    Edwards owns (WFT) for clients
    Edwards owns (XOM) for clients
    Edwards owns (YHOO) for clients
    Edwards owns gold for clients
    Edwards owns platinum for clients
    Edwards owns silver for clients
    Edwards owns the Russell 2000 for clients
    Edwards owns the S&P500 for clients

    David Riedel
    ***No Disclosures***

    Gene Munster
    Piper Jaffray makes a market in (AAPL), (AMZN), (BIDU), (DRIV), (EBAY), (GOOG), (IACI), (SINA), (YHOO)

    Mike Khouw
    Cantor Fitzgerald makes a market in (LEN)

    Doug Sipkin
    Ticonderoga Securities LLC Is A Market Maker In (SF), (MS), (RJF), (BLK)




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