Althea Chang

Wide Field Looking to Trim Weight

 

American bellies coast to coast are still bulging from turkey and stuffing post-Thanksgiving. In other words, it's a lot like any other day of the year -- just add sweet-potato casserole and pumpkin pie.

Eating, after all, is fun. Diets, not so much, and exercise -- let's face it -- is flat-out work. The problem with this is that a few hundred unneeded calories a day, gigantic portion sizes and years of being chained to a desk have a way of making people think the bathroom scale must be broken and that their walls are hung with fun-house mirrors.

Of course, being overweight isn't simply a result of poor dietary habits and physical inactivity for everyone, because genetics can play a role, too. The good news is there are options, both for those looking to shed excess weight and for investors hoping to add some heft to their accounts.

Already several medical treatments for fighting obesity are on the market or in trials, and for some people, surgery is being welcomed as a quick way to slim down after diet and exercise have failed.

As obesity rates rise, and with Americans spending $33 billion a year on weight-loss measures, according to the National Institutes of Health, it's no wonder the number of firms grabbing for a share of the market seems to be growing.

Benefit From Broadening

Among the multiple devices that are available, sales of the BioEnterics Lap-Band, a gastric band designed to restrict stomach size, quadrupled between 2001 and 2004, according to Inamed (IMDC), its maker. Shares of the Santa Barbara, Calif., company were recently at $83.15, compared with a price of around $15 before the 2001 launch of the device.

Granted, Inamed has additional factors contributing to the stock price -- namely hopes it will get a silicone-gel breast implant approved for cosmetic use in the U.S. and the fact that it's being chased by two suitors -- but it still started 2005 around $63.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet