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Benzinga
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Healthcare Opportunities And Risks Collide For Direxion's Eli Lilly-Focused ELIL, ELIS ETFs

1. LLY stock surged from $360 to $960 in 2023-2024. 2. Earnings of $6.31 per share beat estimates of $5.60. 3. Zepbound faces growth headwinds, impacting future sales. 4. Upcoming earnings on Oct. 30 are highly anticipated. 5. LLY has seen technical performance lag behind S&P 500.

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FAQ

Why Bullish?

Eli Lilly's robust earnings indicate strong financial health; however, Zepbound concerns temper enthusiasm.

How important is it?

Strong immediate impact expected from earnings; ongoing concerns about growth impact outlook.

Why Short Term?

Upcoming earnings report on Oct. 30 could cause immediate price fluctuations.

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