5 Best Slow Growth Stocks To Buy According To Hedge Funds

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This article presents an overview of the 5 Best Slow Growth Stocks To Buy According To Hedge Funds. For a detailed overview of such stocks, read our article, 12 Best Slow Growth Stocks To Buy According To Hedge Funds.

5. Eli Lilly And Co (NYSE:LLY)

Number of Hedge Fund Investors: 102

Eli Lilly And Co (NYSE:LLY) has been making waves this year due to its steady business and weight loss drug. Recently, American billionaire investor Ken Langone said Eli Lilly And Co (NYSE:LLY) will be the first trillion-dollar drug company in history. Langone, while talking to CNBC, said he is so bullish on Eli Lilly And Co (NYSE:LLY) due to its pipeline. The investor also praised Eli Lilly And Co’s (NYSE:LLY) CEO and said when everything was falling “off the cliff” the executive was “firm in his commitment to spending the money on R&D and protecting the dividend.”

Eli Lilly And Co (NYSE:LLY) is also among the stocks Jim Cramer is recommending to investors.

Carillon Clarivest Capital Appreciation Fund made the following comment about Eli Lilly and Company (NYSE:LLY) in its Q3 2023 investor letter:

“Eli Lilly and Company (NYSE:LLY), the drug manufacturer, announced the completion of previously disclosed acquisitions of Versanis Bio and Sigilon Therapeutics, as it continues to expand its pipeline for diabetes and weight-loss medications. Shares gained after its sales and earnings per share exceeded estimates and a competitor’s study on the beneficial results of these treatments reported positive data.”

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