Published on 26 Jan 2023 on Zacks via Yahoo Finance

Investors Heavily Search Eli Lilly and Company (LLY): Here is What You Need to Know

Eli Lilly (LLY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Over the past month, shares of this drugmaker have returned -4.2%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Large Cap Pharmaceuticals industry, which Lilly falls in, has lost 3.9%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.