Mike Pence and Eli Lilly & Co. (LLY)

The Vice President of the United States of America is Mike Pence.  He is a Hoosier from the state of Indiana, and was in fact a Congressman and Governor of that state before being invited by Donald Trump to be his running mate.

Eli Lilly & Co. (LLY) is based in Indianapolis, Indiana.  It is a Large Cap business with about 34,000 employees--making it the third biggest company in Indiana.

I have been aware of Mike Pence since his gubernatorial days when I would cover a lot of news about Indiana in the process of following Eli Lilly & Co. (LLY).  When Pence was running for President in 2016, before he dropped out and Trump picked him up, I remember a speech in which he described himself as: a Christian, a Conservative, and a Capitalist.  While I don't agree too much with the first two, it is notable that a man who values Laissez-Faire, Free Market Capitalism could be a powerful force for profit in the economy.

Despite my pre-familiarity, unfortunately I don't think that most Americans knew that much about Mike Pence, until his COVID 19 Response Coordination role.  If history is any guide, it is very common for a Vice President to be the candidate for the Presidency after the President's lame duck years are set to expire.

So, with Eli Lilly & Co. (LLY) racing with several projects to battle COVID 19, especially at their ground zero, in Indianapolis, Indiana, I think investors should consider the "Mike Pence factor", in deciding whether or not to invest further in Eli Lilly & Co. (LLY)--especially in the long run.

Paul Wharton

Special thanks to Eli Lilly & Co. (LLY) for inventing the fuel of my mind