Today I took a closer look at $LLY-1.1%, which I like very much and would like to include shares of this company in my portfolio, however the stock is very expensive at the moment and I would personally buy up to under $450.
How do you view this company and do you have shares of this company in your portfolio?
Eli Lilly
LLYOpen $917.76
Day range $893.00 - $927.90
52 week range $516.57 - $972.53
This is the kind of company that doesn't offer that many options for entry, but definitely a quality company for me.
The multiples are exaggerated. It seems to me that the market may be overestimating the potential of their weight loss drug - maybe I'm wrong.