Eli Lilly's stock has surged 492.13% since early 2020 to $782.85, elevating its market cap from $100 billion to $740 billion, showcasing exceptional growth.
Experts look at projected revenue and net income to estimate Eli Lilly's future stock prices, rather than relying solely on past growth rates, which is crucial for long-term investors.
The recent entry of Eli Lilly into a legal case indicates their proactive stance in the pharmaceutical industry, supporting the perception of the company as a key player.
Public endorsement from high-profile individuals, such as Elon Musk for Eli Lilly's Mounjaro, significantly impacts consumer perceptions and market interest in Eli Lilly's products.
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