13 Best Long Term Low Volatility Stocks to Buy Now

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3. Eli Lilly and Company (NYSE:LLY)

5-Year Revenue Growth: 16.24%

Beta: 0.39

Number of Hedge Fund Holders: 119

Eli Lilly and Company (NYSE:LLY) is one of the best long term low volatility stocks to buy now. In a report released on July 8, Courtney Breen from Bernstein maintained a Buy rating on Eli Lilly and Company (NYSE:LLY) with a price target of $1,100.00.

On July 9, Eli Lilly and Company (NYSE:LLY) reported that the US Food and Drug Administration (FDA) approved a label update with a new recommended titration dosing schedule for Kisunla. Kisunla is the company’s once-monthly amyloid-targeting therapy for adults with early symptomatic Alzheimer’s disease (AD).

The TRAILBLAZER-ALZ 6 study showed that the modified titration schedule considerably reduced the occurrence of “amyloid-related imaging abnormalities with edema/effusion (ARIA-E) versus the original dosing schedule at 24 and 52 weeks, while still achieving similar levels of amyloid plaque removal and P-tau217 reduction”.

Eli Lilly and Company (NYSE:LLY) develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and other therapies.

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