Fast Money Picks For July 7

On CNBC's Fast Money Final Trade, Pete Najarian recommended Eli Lilly and Co LLY as a buy. Dan Nathan thinks that it is a good idea to buy iShares Barclays 20+ Yr Treas.Bond (ETF) TLT as a protection for a long stock portfolio. He believes that the Fed won't raise interest rates if the markets stay volatile. Karen Finerman is not a buyer of Weight Watchers International, Inc. WTW. She would stay away from the stock. Guy Adami is a buyer of Bristol-Myers Squibb Co BMY and he wants to own it into earnings.