Eli Liy could be a $2,000 stock in the next three to four years. That is coming from Home Depot co-founder Ken Langon.
Home Depot, ticker HD, their co-founder Ken Langon, stated that the Mangaro maker Eli Liy, ticker LLY, could reach $2,000 per share within the next three to four years, noting that the drug maker is currently challenging Home Depot as its largest personal investment holding.
Speaking on CNBC's Squawkbox, the uh Invimed Associates chairman and president said, "Eli Lily is giving Home Depot a real run for the top spot in his portfolio." Quote, "I think Lily is going to be a $2,000 stock in the next three to four years."
End quote. Langode said that during the broadcast, and this target is 70.92% higher than Tuesday's closing price. Quote, "Home Depot better get off its rear because Lily may become the number one in this old guy's portfolio." End quote.