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5 Bullish Stocks That Will Pay You to Own Them

Stocks in this article: JPM FCX JNJ BMY MRK

Eli Lilly discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company's neuroscience products treat schizophrenia, mixed/manic episodes, and bipolar maintenance; depression, diabetic peripheral neuropathic pain, anxiety disorders, fibromyalgia, and chronic musculoskeletal pain; attention-deficit hyperactivity disorders; obsessive-compulsive and panic disorders, and bulimia nervosa; and bipolar and treatment-resistant depression. Eli Lilly trades an average of 8.4 million shares per day with a market cap of $57 billion.

52 Week Range: $35.46 to $53.99

Book Value: $12.79

Price To Book: 4

Earnings Payout Percentage: 54%

The shares have moved higher 36% over the last 52 weeks. Analysts are calling for a price target of $50.36. A quick look at the chart displays the fact that "we did that, done that before" and the trend is your friend so far. I recommended Lilly a few months ago, and that worked out well.

After the recent pullback in price, Eli Lilly is once again in the kill zone. Investors are receiving $1.96 in dividends for a yield of 3.8%. A very nice yield for a company demanding only 14 times earnings to buy a share.

In the last month, the stock has really moved higher with a 11.6% increase. Since the start of the year, it appears the shares are up over 25%. Again, the pullback gives the stock a chance to breathe, and it may trade down near $50 a share due to the "round number" effect, but take that as a buying opportunity.

Presently, based on the float ,the short interest is unimportant and not a worry. The small amount of short interest is 1.9%. I would keep an eye on this number after the election for clues in the market direction into 2013. LLY Dividend Chart LLY Dividend data by YCharts
JNJ Chart JNJ data by YCharts
Johnson & Johnson (JNJ - Get Report)

Caring for the world, one person at a time ... inspires and unites the people of Johnson & Johnson. We embrace research and science -- bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world. Our Family of Companies comprises: The world's sixth-largest consumer health company The world's largest and most diverse medical devices and diagnostics company The world's fifth-largest biologics company And the world's eighth-largest pharmaceuticals company We have more than 250 operating companies in 60 countries employing approximately 129,000 people. Our worldwide headquarters is in New Brunswick, New Jersey, USA. Johnson & Johnson trades an average of 11.1 million shares per day with a market cap of $196 billion.

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