The recent rotation into healthcare stocks and out of hot technology plays can be epitomized by the strong outperformance of Eli Lilly shares relative to Nvidia’s stock.
Since the tech sector peaked on Oct. 29, Lilly’s stock
LLY has climbed about 30%, while Nvidia’s NVDA has lost roughly 14%.
Eli Lilly’s stock has crushed Nvidia’s in recent weeks. What history has to say about that.
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The recent rotation into healthcare stocks and out of hot technology plays can be epitomized by the strong outperformance of Eli Lilly shares relative to Nvidia’s stock.
Since the tech sector peaked on Oct. 29, Lilly’s stock
LLY has climbed about 30%, while Nvidia’s NVDA has lost roughly 14%.
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