
NYSE:LLY
This summary was created by AI, based on 32 opinions in the last 12 months.
Eli Lilly & Co. (LLY) is viewed as a leader in the GLP-1 drug market, especially with anticipated advancements such as an oral version of their weight-loss drug. Analysts highlight the company's strong earnings growth potential, with forecasts predicting growth rates of around 25-50% in the coming years. The stock is at historically high levels and is seen as a robust choice amidst a competitive landscape, particularly compared to Novo Nordisk (NVO). However, some analysts recommend waiting for a pullback before investing due to its current valuation. The consensus leans towards LLY having a strong pipeline and a diversified portfolio, indicating a positive outlook despite recent volatility in the market.
Has done well. Their diabetes drug is effective for weight loss, which is pending approval, but would open a new market. She expects approval. Stock price reflects this approval though. Weight loss is a lucrative market given obesity levels around the world. The PE is too high for her, but may buy on a pullback.
The whole drug industry has been under pressure for the past 30 years and is having more and more trouble coming up with new drugs. R&D costs are increasing so he doesn't like the pharmaceutical industry in general. In response to a question regarding the currency component he doesn't feel it is an issue.
Health has been in a secular bear market for a decade and likely will remain there for another decade. However, LLY shares are toppy now around $360. You can't go wrong with this name or sector.