Jim Cramer Asserts You've "Gotta Stick With" Eli Lilly and Company (LLY)

We recently published 14 Stocks Jim Cramer Discussed Including His 2 Top Quantum Computing Stocks. Eli Lilly and Company (NYSE:LLY) is one of the stocks Jim Cramer recently discussed.

Even though Eli Lilly and Company (NYSE:LLY)’s shares have lost 6.9% year-to-date, Cramer continues to be a believer in the stock. He believes that the firm is establishing a strong manufacturing presence in the US and outlined that his “original prediction” of the firm becoming the first $1 trillion non-tech company could be wrong given recent headwinds. Here are Cramer’s latest thoughts about Eli Lilly and Company (NYSE:LLY):

“Lilly’s already putting up plants for pills. Which is pretty amazing. The holy grail would be a pill that did not take away from protein and continue to just go after fat. Lilly is doing that. I think that that’s why they’re so far ahead. You know, Carl, Lilly has been, I was doing a bottle signing for my wife. . .people are like, you know this Lilly, nothing’s happening there. It’s been one of the greatest performers ever. It’s become a what have you done for me lately story. Which means they have to win some sort of, there has to be a new trial that somehow gets people excited again. Whether it be for some disease we don’t know, Alzheimer’s perhaps, congestive heart failure. And if it doesn’t get that then I think people, you know what, I wanna move on to the next one. And that’s pretty amazing.

“[In response to Carl asking whether the obesity weight loss story was not enough to carry the stock in the long term] Not anymore, no, that’s why the stock has stalled. And I, look I’m a David Ricks believer. I think that’s a mistake. I tell people you gotta stick with Eli Lilly. I would not trade it. But I recognize when there’s a stock that has stalled. And people feel that this is a, this administration could take a negative look on it.”

While we acknowledge the potential of LLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.