8 Best Gene-Editing Stocks to Buy

Page 7 of 7

1. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Holders: 115 

Eli Lilly and Company (NYSE:LLY) tops the list of the best gene editing stocks. It is a global pharmaceutical leader focused on developing and selling medications for various conditions, including diabetes, obesity, oncology, and neuroscience. With a strong emphasis on scientific innovation, the company is at the forefront of gene editing and biotechnology, positioning itself as a key player in these fields.

Eli Lilly and Company (NYSE:LLY) is making significant advancements in genetic medicine through initiatives like the Lilly Seaport Innovation Center in Boston, which fosters collaboration on gene-based therapies. The company is also expanding its capabilities through acquisitions, such as the purchase of Morphic Therapeutics, and partnerships, like the one with OpenAI to develop novel antimicrobials.

In its Q4 2024 earnings call, the company reported impressive growth. Revenue increased by 45%, which was driven by strong demand for new products like Mounjaro and Zepbound, contributing over $3.1 billion to the growth. The company also saw solid performance across the oncology, immunology, and neuroscience segments. Key regulatory approvals were achieved, and positive Phase 3 trial results for several drugs were announced.

Eli Lilly and Company (NYSE:LLY) continued investing in manufacturing, committing over $23 billion since 2020 to expand its capacity. It also returned $3 billion to shareholders through dividends and repurchases and introduced a $15 billion share repurchase program. The company’s successful international expansion, particularly in Europe, Japan, and China, contributed to its growth.

Overall, Eli Lilly and Company (NYSE:LLY) ranks first among the 8 gene-editing stocks to buy. While we acknowledge the potential of gene-editing companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LLY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 7 of 7