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Lilly's stock meanders, but remains a Buy |
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| Oct 01, 2009 09:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Lilly (Eli) (LLY), Stocks to Buy  Eli Lilly & Co. (NYSE: LLY) stock has unexpectedly meandered since the June 8, 2009 Buy recommendation at a price of $34.10, but the aforementioned probably represents selected investor jitters about the likely, federal health care reform legislation.Ignore those jitters. The major components of health care reform have not been determined as of September 30, 2009, but the pharma calculation remains the same as it was in June. The legislation will be net-positive for major pharmaceutical companies, under the thesis that there will be 30-45 million more U.S. residents regularly - as opposed to sporadically - accessing health care services over the next decade, not including population growth. Continue reading Lilly's stock meanders, but remains a Buy Lilly's stock meanders, but remains a Buy originally appeared on BloggingStocks on Thu, 01 Oct 2009 16:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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