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Is Eli Lilly and Company (LLY) the Best Non-Tech Stock to Buy Now for Long Term?

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We recently compiled a list of the 10 Best Non-Tech Stocks to Buy Now for Long Term. In this article, we are going to take a look at where Eli Lilly and Company (NYSE:LLY) stands against the other non-tech stocks.
The article from MSN Money discusses whether Eli Lilly and Company (LLY) is the best non-tech stock to buy for long-term investment. It highlights Eli Lilly's strong performance in the pharmaceutical sector, driven by its innovative pipeline, particularly with drugs like Mounjaro for diabetes and potential treatments for Alzheimer's. The company has shown robust financial health with significant revenue growth and a promising outlook due to its focus on high-demand therapeutic areas like oncology, immunology, and neuroscience. Despite its high valuation, the article suggests that Eli Lilly's consistent innovation, strategic acquisitions, and a solid dividend history make it an attractive option for investors looking for growth outside the tech sector. However, it also notes the inherent risks in the pharmaceutical industry, such as regulatory hurdles and competition, but concludes that Eli Lilly's diversified portfolio and ongoing research could position it well for long-term gains.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/is-eli-lilly-and-company-lly-the-best-non-tech-stock-to-buy-now-for-long-term/ar-AA1zw7H4 ]