Novo Nordisk A/S
Eli Lilly’s obesity medication looks poised to become a $100 billion a year drug
Bank of America expects Eli Lilly’s Mounjaro could generate as much as $100 billion in annual sales by 2035, if it’s approved to treat obesity and several other illnesses. The Food and Drug Administration granted approval in May to the once-weekly injection for the treatment of Type 2 diabetes. However, the company is actively looking […]
Read More
This fund manager is beating the market — and he has 4 tips for investors
It’s a tough year to be in the stock market, given the seemingly never-ending cycle of gyrations. Inflationary pressures remain elevated and with the Federal Reserve poised to pursue a more aggressive rate hike policy , a recession could be on cards. So how should investors trade this volatility? Fund manager Freddie Lait, a long-term […]
Read More
Investment banks say it’s time to get back into China, with Goldman naming 10 top stocks
China’s reopening after weeks of big-city lockdowns is “enticing” investors, according to HSBC , while Goldman Sachs has named a raft of stocks it says are at attractive valuations. Both Shanghai and Beijing have started to relax their Covid restrictions after weeks of strict lockdowns. This opening-up — combined with soaring government investment and plummeting […]
Read More
Goldman Sachs says a new investment cycle is coming — and names the stocks that could win
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store — and the stocks investors should own to cash in. The emerging cycle — post the Covid pandemic — is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank […]
Read More
Eli Lilly obesity drug delivers 20% weight loss, bolstering investment case for new therapies
Tirzepatide is among a wave of new weight loss therapies poised to hit the market that are making greater amounts of weight loss possible. Source
Read More
Morgan Stanley and Barclays name their top global stocks with upside potential
Morgan Stanley and Barclays name a slew of European stocks they expect to outperform going into earnings season. Source
Read More
Here’s a bunch of Wall Street’s top global stocks to own right now
Bank of America, Deutsche Bank and Bernstein have named their top stocks for the months ahead. Source
Read More
Investors bet on obesity drugs before without much success. Why this next wave could be different
New obesity treatments are helping patients lose 15% or more of their body weight, and changing attitudes could expand access to treatments. Source
Read More
Stem cells may finally offer a cure for Type 1 diabetes
There are 537 million people around the world living with diabetes. And that number is growing. When people have Type 1 diabetes, the immune system attacks and destroys the beta cells in the pancreas that make insulin. These cells regulate glucose levels in the blood which the body needs for energy. Blood sugar will continue […]
Read More