Top 5 Large-Cap Healthcare Stocks to Buy Now

4. Eli Lilly and Company (NYSE:LLY)

Rhenman & Partners Asset Management owned bought 10,000 shares of Eli Lilly and Company (NYSE:LLY) during Q4, lifting its holding to 180,000 shares valued at $30.39 million on December 30. LLY shares have been on a massive roll since the beginning of November, gaining over 50%.

Some of those gains were triggered by Eli Lilly posting strong 2020 results in January. Sales for the year grew by 10% to $24.5 billion, including a 22% surge during Q4, which was driven by over $870 million in sales for its Covid-19 antibody treatment. LLY shares also spiked in mid-January following the release of positive results from the trial for its experimental Alzheimer’s drug, which significantly slowed cognitive decline compared to placebo among patients demonstrating early signs of Alzheimers.