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Is It Too Late to Buy Eli Lilly?

TheMotleyFool

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Is It Too Late to Buy Eli Lilly?: https://g.foolcdn.com/editorial/images/877721/gettyimages-scientist_computer_others-in-background.jpg

Eli Lilly (NYSE: LLY) stock has been winning big when it comes to earnings and stock performance in recent years. And this has a lot to do with the company's leadership in a type of drug that's taken the world by storm: GLP-1 drugs for weight loss. Lilly dominates the market, and its drugs have been bringing in blockbuster revenue.

With the obesity drug market on track to reach nearly $100 billion by the end of the decade, the success story may be far from over. Still, Lilly stock has climbed 400% over the past five years and now trades for more than $1,200. Is it too late to get in on shares of the pharma giant? Let's find out.

Image source: Getty Images.

Source Fool.com

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