Eli Lilly and Company (NYSE:LLY) is one of the stocks Jim Cramer put under the microscope. Cramer highlighted the importance of the company’s GLP-1 drug, as he stated:
“I suggest, for example, that you consider Eli Lilly because of its remarkable GLP-1 diabetes and weight loss drug. Those are the most obvious uses. But when this year is over, I gotta tell you something, I think it could be used for everything from the silent killer of hypertension to dementia, and yes, alcoholism. Lilly’s stock has been stalled because of the drug’s clumsy delivery mechanism.
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Eli Lilly and Company (NYSE:LLY) develops and markets pharmaceuticals for diabetes, obesity, oncology, immunology, neuroscience, and gastrointestinal conditions.
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Disclosure: None. This article is originally published at Insider Monkey.
