Yes, pets is a Scrabble word!

Verb

1. Stroke or caress gently

2. Stroke or caress in an erotic manner, as during lovemaking

Noun

1. A domesticated animal kept for companionship or amusement

2. A special loved one

3. A fit of petulance or sulkiness (especially at what is felt to be a slight)

4. Using a computerized radiographic technique to examine the metabolic activity in various tissues (especially in the brain)