....this Weight Loss drug stock mania is another bubble which is frontrunning its delivery.
....the stock is already priced at 133x earnings. Earnings growth has to continue to be phenomenal.
....why people spend money on drugs to reduce weight if they could reduce naturally, through discipline? Discipline is tough, people want the quick fix. Just like people buy processed food and cry high cost of living, when they can have healthier food home-made with love and saving money.
....no high growth rate can sustain indefinitely. Not even iPhones.
Eli Lilly is the other boomer retirement fund stock with 82% institution ownership & a P/E of 133. I'm sure everything is fine...
https://x.com/FinanceLancelot/status/1808207982452208060
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