Insiders are Piling into These 10 Healthcare Stocks in 2024 [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
Healthcare investors were nervous when 2024 started, since election years usually don't bode well for healthcare stocks. But on the back of several growth catalysts, healthcare stocks have fared well so far in the year. As of March, the S&P 500 Healthcare had gained about 7.1% in the year, which was the best start since 2017, according to Dow Jones Market Data. While the sector has pared some of those gains since, it's still up 4.1% year to date through April 9 as GLP-1 drugs for weight loss and diabetes continue to make headlines with new breakthrough results and developments. Effect of GLP-1 Drugs on Healthcare Sector Gains Major healthcare companies like Eli Lilly And Co (NYSE:LLY), Novo Nordisk A/S (NYSE:NVO) and Amgen Inc (NASDAQ:AMGN), among many others, are continuing to spend a fortune in the weight loss industry. Eli Lilly recently started developing its $2.5 billion manufacturing plant in Germany to ramp up production of its blockbuster weight loss therapy, tirzepatide.
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LLY
Earnings
- 2/6/24 - Miss
LLY
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- LLY's page on the SEC website