Today I took a closer look at $LLY+1.8%, 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 $911.00
Day range $884.00 - $918.50
52 week range $434.34 - $918.50
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.