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Prediction: This Is What Eli Lilly Stock Will Do Next (Hint: It's Not a Stock Split)
LLYLilly(LLY) The Motley Fool·2024-09-21 13:53

History shows that Eli Lilly tends to do something special with its stock toward the end of the year.With a market capitalization of over $800 billion, Eli Lilly (LLY 0.70%) is the largest pharmaceutical company in the world. Much that is thanks to the rise of glucagon-like peptide-1 (GLP-1) agonists such as Mounjaro and Zepbound, which are fueling a new wave of growth for the company.Over the past 12 months, its shares have soared 58% -- nearly double the gains generated from the S&P 500 and Nasdaq Composi ...