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Prediction: Eli Lilly Will Reach a $1 Trillion Valuation by 2027
Eli Lilly (NYSE: LLY) has been a growth beast over the years and is now easily the most valuable healthcare company in the world, with a market cap of more than $650 billion. But there's still much more growth on the horizon for the business in the years ahead.Although as of this week the stock has declined by more than 4% since the start of the year, there's little reason to believe that its shares have peaked. Eli Lilly is the most likely healthcare stock to reach a $1 trillion valuation, and I believe it could hit that plateau by 2027.Image source: Getty Images.Continue reading
Eli Lilly (NYSE: LLY) has been a growth beast over the years and is now easily the most valuable healthcare company in the world, with a market cap of more than $650 billion. But there's still much more growth on the horizon for the business in the years ahead.
Although as of this week the stock has declined by more than 4% since the start of the year, there's little reason to believe that its shares have peaked. Eli Lilly is the most likely healthcare stock to reach a $1 trillion valuation, and I believe it could hit that plateau by 2027.
Image source: Getty Images.
