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Intuitive Surgical Inc. (ISRG $518.62)
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Eli Lilly and Company (LLY $771.71)
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WELL Health Technologies Corp. (WELL $4.65)
Q: Team, I sold LLY from a 4% to a 1% position at $950ish. It’s come down a lot and has been negative to flat recently. Is this a stock you would start adding back? ISRG is a 5% and Well a 3% with LLY at 1%. 5+ year horizon. Is there a different Healthcare firm I should be looking at?
5i Research Answer:
We would still consider LLY to be among the best in the sector. While momentum has faded (the sector has not helped), LLY remains dominant in many areas, and very strong earnings growth is still very much expected in the next two years. We would be comfortable adding to a position for long term investors.