What do you guys think about the high PEs of pharmaceuticals like NVO and LLY?

I’ve been looking more into the healthcare sector and it seems like people are particularly bullish on some of these big stocks. Despite having market caps in the hundreds of billions and running over 250% (NVO) and over 350% (LLY) in the past 5 years, these companies are reaching/passing ATHs every week.

Both companies have PEs hovering around 50. I recognize that people are hyping up some magical weight loss drugs, and insulin will always be needed etc

Next week will be insane!

Next week will be a massive week for the stock market with some major companies reporting thier earnings.

  • Some of the largest companies in the world will report earnings next week, including big tech companies Amazon, Alphabet, Microsoft, and Meta Platforms.
  • Other noteworthy companies scheduled to report earnings will include Coca-Cola, McDonald’s, Visa, Mastercard, Verizon, T-Mobile, UPS, Raytheon, GE, Boeing, ADP, Intel, ExxonMobil, and C
Why does trading have to be a binary decision?

After TSLA's earnings reaction yesterday, my feed on twitter was filled with people on both sides asking about whether or not they should sell or buy more. That got me to think why does it seem most people are simply just buying and holding? Why don't more people manage their long term positions? For example, I know a few people who were early investors of TSLA, pre-pre-split, $20. Around the peak of 2021 their portfolio was worth like a few millions, ye

Gold falling on hot CPI?

I read a ZH article that infers that gold falling could be due to hot CPI numbers from the UK.

"Gold has also been hit this morning, back below $2000... perhaps lending some credence to this event having been triggered by UK CPI."

I'm curious if anyone can describe why this would be, because I have always been under the impression gold is a hedge against inflation.

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Tax burden on selling XOM

Hi all, not sure if this belongs here or in r/personalfinance, but since it's related to XOM, I came here. I'm looking for tax advice should I sell some shares. I currently own about 30k worth, which I've had since birth, so 1985. I don't touch it, I've never sold or bought additional shares during that time, the dividends just reinvest. My question is- Should I decide to sell about 10k worth to fund a home re

Wall Street Week Ahead for the trading week beginning April 24th, 2023

Good Friday evening to all of you here on r/stocks! I hope everyone on this sub made out pretty nicely in the market this week, and are ready for the new trading week ahead. :)

Here is everything you need to know to get you ready for the trading week beginning April 24th, 2023.

Stocks end Friday’s session little changed, Dow snaps 4-week win streak: Live updates -

Where do you get your investment information from?

I’ll preface this by saying I’m a new trader. I really only know the basics. Even still, some of the lingo confuses me. I’d like to become more educated in stocks in general. Are there any podcasts/books/websites/etc. that you would recommend for a rookie? Any help would be appreciated.

submitted by /u/SaintBrosephTha3rd
How is everyone's portfolios doing this year.

For context I am 18 and just got into investing in stocks this year and my current portfolio is down 6% and is quite nerve racking although I wont pull out. Im just wondering how you guys are doing this year. Thanks for the time.

submitted by /u/Competitive-Wall2473
Covered calls question

So I was thinking something about covered calls. Let's assume You sell a covered call on Amzn 2 or 3 weeks out with a strike thats like $2 above current price. Your only risk is that Amzn will go above that and you will miss out on a value for selling it.

However, to counter this risk, what if we use exactly all the premium money we got to buy Amzn call with the same date but strike that is just under the current Amzn price.

This way we get a &

How AI can help you learn about stocks

Hey, thought some of you might enjoy using this site to ask an AI questions about company 10-K reports:

https://docalysis.com/library/10-k-reports

For example, I used it to understand how much Meta is investing in its Reality Labs initiatives ($13.7 billion last year) as well as how much revenue Reality Labs brought in ($2.15 billion). Those are just the basics; you can ask it more complex st


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