13 Best Low Risk High Growth Stocks to Buy

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4. Eli Lilly and Company (NYSE:LLY)

Beta: 0.44

EPS next 5Y: 41.87%

Eli Lilly and Company (NYSE:LLY) finds its way into our list of 13 best low risk high growth stocks to buy. Amid carrying on new studies, the company has agreed to acquire Verve Therapeutics.

Eli Lilly and Company (NYSE:LLY) is a research-driven pharmaceutical leader headquartered in Indiana. With a 150-year history, the company carries on the business of discovering, developing, manufacturing, and marketing innovative treatments across diseases like diabetes and in fields like oncology, immunology, and neuroscience. Some of the company’s notable products, such as Humalog, Trulicity, Mounjaro, and Zepbound, are marketed in over 125 countries.

The company is carrying on multiple studies and its latest updates include the Phase 2b clinical study titled ‘A Study of Eltrekibart (LY3041658) in Adult Participants With Moderate to Severe Hidradenitis Suppurativa’ and Phase 3 clinical study titled ‘A Multicentre, Randomized, Double-blind, Placebo-controlled, Parallel Group Phase 3 Efficacy and Safety Study of Lebrikizumab/ LY3650150 in Adults With Chronic Rhinosinusitis With Nasal Polyps on a Background Therapy With Intranasal Corticosteroids.’ Along with these studies, the company has a pipeline with potential drugs capable of generating more than $1 billion in annual revenue.

Amid these studies, the company has agreed to buy Verve Therapeutics Inc. for up to $1.3 billion. With this acquisition, Eli Lilly and Company (NYSE:LLY) aims to strengthen its positions in gene editing for cardiovascular conditions.

With a beta of 0.44 signaling the company’s resistance to market conditions, Eli Lilly and Company (NYSE:LLY) has a high anticipated 5-year EPS growth of 41.87%, making the stock a strong contender in our list.

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