Could Buying Eli Lilly Stock Today Set You Up for Life? (Hint: Yes.)
Lilly offers investors safety and growth.
Overview
Over the past few years, Eli Lilly (NYSE: LLY) has been offering investors a unique combination of safety and growth. Investors generally turn to pharmaceutical stocks for their steady revenue streams -- patients need their medicines during any market environment, creating this "safety." But Lilly also has been delivering incredible growth thanks to its leadership in one particular market: the weight loss drug space.
Lilly's weight loss drugs have helped revenue soar in the double digits as demand for the products remains high -- in fact, demand at a certain point was so high it surpassed supply. Analysts predict that the market will reach nearly $100 billion by the end of the decade, suggesting that this growth story is far from over.
Details
With this in mind, could buying Eli Lilly stock today set you up for life? Let's find out.
Source
Originally published at www.fool.com.