5 Best Ethical Stocks To Buy Now

In this article, we discuss 5 best ethical stocks to buy now. If you want to check out some more of the best ethical stocks in the world, go directly to 12 Best Ethical Stocks To Buy Now.

5. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Holders: 70

Eli Lilly and Company (NYSE:LLY) discovers, develops and markets human pharmaceuticals worldwide. The company is an ethics stock because it has a substantial pipeline including lebrikizumab and tirzepatide as well as mirikizumab. In Q2 2022, Eli Lilly and Company (NYSE:LLY) had adjusted EPS earnings per share of $1.25. 70 hedge funds were long Eli Lilly and Company (NYSE:LLY) worth $6.72 billion at the end of the second quarter. Baron Health Care Fund said the following in its Q1 2022 investor letter about Eli Lilly and Company (NYSE:LLY),

“Eli Lilly and Company (NYSE:LLY) is a global pharmaceutical company with a diverse offering primarily focused on therapeutics. Performance was strong mostly due to consistent financial growth powered by its core diabetes (and future obesity) franchise, as well as the constant drumbeat surrounding the Alzheimer’s therapeutic market, of which Eli Lilly has one of the three potential winning blockbuster candidates in Donanemab. We retain conviction in Eli Lilly given the company’s strong long-term growth outlook.”