Jim Cramer Broke Down 5 Stocks Amid Rising Inflation and a Recalcitrant Federal Reserve

3. Eli Lilly and Company (NYSE:LLY)

Eli Lilly and Company (NYSE:LLY) is one of the stocks mentioned during the show, as we cover everything Jim Cramer said about the market. A caller asked if the stock is a buy, sell, or hold, and Cramer replied:

Okay, everybody’s giving up on Lilly. My experience with Eli Lilly is there are bouts of giving up in this. That’s what I call it, giving up in this. We’re in a giving up in this moment for one of the greatest, if not the greatest, drug company in history. I think the pill is going to be gigantic. People are saying that the… GLP is not big, okay? Not as big as we thought… What can I say? Buy Eli Lilly.

Eli Lilly and Company (NYSE:LLY) develops and markets medicines for diabetes, obesity, oncology, immunology, neuroscience, and other chronic conditions. Cramer was quite bullish on the stock when a caller asked about it during the March 11 episode. He commented:

I like Eli Lilly very much. Look, I always, I never mind [when] anybody takes a profit, it’s always great to take a profit, but we’re holding on for the Charitable Trust. We think that Eli Lilly is one of our favorite stocks. We’re not budging. We’d buy more if it really got hit.