2 Reasons Why Eli Lilly's Stock Likely Hasn't Peaked

The stock may seem expensive right now, but that may not be the case in a few years.Pharma giant Eli Lilly (LLY 1.63%) has become an unstoppable stock to own lately. Year to date, its share price is up more than 50%. And despite trading at a hefty 130 times earnings, investors continue to buy up more shares of the company. Although it may seem like the stock is approaching a peak, here are two reasons why Eli Lilly's valuation is likely to rise even higher in the future.1. Eli Lilly is still not meeting dem ...