Will Eli Lilly Outperform in 2020?
Eli Lilly and Company (NYSE: LLY) offers an attractive opportunity for shareholders in 2020. The more than 140-year-old drug company has a few compelling metrics that demonstrate significant value for investors, including a strong return on equity (ROE), a modest dividend payout ratio, and continued profitability when compared with peers including GlaxoSmithKline (NYSE: GSK) and Pfizer (NYSE: PFE).
Management at Eli Lilly is looking to expand its dealmaking activity through 2020 to create new growth opportunities and long-term value for shareholders. The company is facing some favorable catalysts in the near term from its Phase 3 clinical trials, as well as potential regulatory actions that should offset some near-term patent expirations and boost potential revenue streams.
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Source Fool.com
