A new bull market is here ... almost. Some maintain that the S 500 has already begun a new bull market. Others, though, argue that the index must reach an all-time high first. Either way, many investors will want to have their short lists of stocks to buy at the ready.

Three Motley Fool contributors identified what they think are fantastic pharma stocks to buy in a new bull market. Here's why they picked Eli Lilly (NYSE: LLY), Novo Nordisk (NYSE: NVO), and (NYSE: PFE).

Keith Speights (Eli Lilly): Few big pharma stocks have more explosive growth potential than Eli Lilly. And it's not just potential -- Lilly is already delivering explosive growth. The drugmaker's shares have skyrocketed nearly 50% so far in 2023.

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Source Fool.com