Top 5 Stocks to Buy for Long Term

In this article, we will list the Top 5 Stocks to Buy for Long Term. Please visit Top 10 Stocks to Buy for Long Term if you would like to see the extended list and the methodology behind it.

5. Eli Lilly and Company (NYSE:LLY)

Stock Upside Potential: 36.70%

Number of Hedge Fund Holders: 132

Eli Lilly and Company (NYSE:LLY) is one of the top long-term stocks to buy. On May 25, Eli Lilly and Company (NYSE:LLY) delivered positive Phase 1b Heart-2 study results for VERVE-102, an investigational base-editing therapy designed to deactivate the PCSK9 gene in the liver.

The trial results show that VERVE-102 successfully reduced PCSK9 by up to 88% and LDL-C by up to 62%. The investigational drug was well tolerated across all dose levels, with no related adverse events or dose-limiting toxicities. The top-line results indicate that the candidate drug could offer a novel approach for achieving substantial and durable LDL-C reduction with a one-time treatment.

Eli Lilly senior vice president and co-founder of Verve Therapeutics, Sekar Kathiresan, insists the trial results affirm that a single dose of VERVE-102 may mimic the LDL-C-lowering effects of PCSK9 cardioprotective variants. Consequently, it could transform cardiovascular care from chronic management to one-time treatment.

The US Food and Drug Administration has already granted Fast Track designation for VERVE-102 for the reduction of LDL-C in participants with hyperlipidemia and high lifetime cardiovascular risk.

Eli Lilly and Company (NYSE:LLY) is a global pharmaceutical leader that discovers, develops, and manufactures innovative prescription medicines. The company focuses on breakthrough treatments for critical conditions, primarily in cardiometabolic diseases (diabetes and obesity), oncology, immunology, and neuroscience.