El Lilly surpasses Tesla's market size: why has the biotech stock become so attractive?

Barely four years ago, El Lilly (NYSE:LLY) was trading at just around $130. Fast forward, the stock trades at a whopping$ 627, having recently rubbed a new record price above $645. That represents a price increase of nearly 400%. The return in the past year is also quite impressive at 80%. And guess what? El Lilly is now more valuable than EV giant Tesla Inc (NASDAQ:TSLA).Boasting a market cap of$ 595.80 billion, El Lilly is undeniably a rising giant in the stock market. Thanks to Tesla’s recent declines in ...