You should have discussed a bit more on the valuation rather than focusing for 30min on the memestock-like hype around the company and their products, LLY went from $6,2BN of profits in 2020 to $5,2BN in 2023, a decline of -16% across 4 years. Across those same 4 years, its stock value went from $133BN to $830BN, an increase of +524%. That is something that has only been seen in meme stocks, even Nvidia's valuation is more justified at this point because at least they are supporting the hype with actual profits.
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
You should have discussed a bit more on the valuation rather than focusing for 30min on the memestock-like hype around the company and their products, LLY went from $6,2BN of profits in 2020 to $5,2BN in 2023, a decline of -16% across 4 years. Across those same 4 years, its stock value went from $133BN to $830BN, an increase of +524%.
That is something that has only been seen in meme stocks, even Nvidia's valuation is more justified at this point because at least they are supporting the hype with actual profits.
Great chat. I wouldn't mind getting my hands on some of those drugs. KFC is killing me.