Lilly Corporate Ctr
Indianapolis, Indiana 46285-0001
Phone: 13172762000
www.lilly.com
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
It was a second straight day of gains for Eli Lilly shares following the drugmaker''s blowout second-quarter earnings report.
The stock market is currently in a rotation. Traders are moving capital from aggressive growth and technology names to find safety in other sectors of the market. Healthcare has been one of the beneficiaries of this switch. People tend to get sick and need medical care regardless of what’s going on with the economy. In addition, America’s aging demographics will invariably lead to higher healthcare spending over time. While the long-term case for healthcare makes sense, valuations are starting to get out of hand across much of the sector. Especially with the upcoming presidential election which could usher in significant regulatory changes for the industry. The time has come for these three healthcare stocks to sell. Ensign Group (ENSG) Source: Rido / Shutterstock Ensign Group (NASDAQ: ENSG ) provides skilled nursing, senior living, and rehabilitative services. Headquartered in California, the company has now expanded and serves a number of additional markets as well, primarily in Midwestern and Rocky Mountain states.
Monday''s global sell-off turned into a stock market rally attempt. Palantir, Eli Lilly and Fortinet were among the earnings winners.
Despite a late start, the advantage is shifting toward the U.S. company.
… Wall Street expectations as newer drugs like Zepbound built momentum. The … 500 index rose nearly 2%. Eli Lilly shares have already set several … ''t mean that all pharmacies will have all 12 doses … availability of Lilly''s drugs . "It''s a …
U.S. stocks saw notable gains on Thursday, driven by a better-than-expected decrease in jobless claims, easing labor market concerns. The Nasdaq and S&P 500 each rose over 2%. Eli Lilly''s stock surged due to an improved profit forecast. Small-cap stocks also rallied. Analysts indicate recession worries may be overstated.
We recently compiled a list of the 10 Best GLP-1 and Weight Loss Stocks to Buy Now. In this article, we are going to take a look at where Eli Lilly and Company (NYSE:LLY) stands against the other GLP-1 and weight loss stocks. According to WHO, more than one billion people worldwide are obese, including 650 […]