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STOCKS: new pharma shares!
In the virus-hit global economy, certain market segments have converted into a playground for fierce corporate competition. That is definitely correct for the pharmaceutical sector with the public companies involved in developing the COVID-19 vaccine. Being in the center of investors’ attention, they are gaining value more than other companies. Those which succeed with the vaccine will surely see their stock price fly. FBS offers you to fly with them: below is the list of the recently added pharma stocks - they give you a great opportunity to get extra profits while the rest of the world just starts awakening!
Moderna is an American biotechnology company based in Cambridge. While this corporation specializes in transformative medicines based on messenger ribonucleic acid, its stock now specializes in showing an unseen velocity of value growth. Challenging $30 per share when the virus hit, this stock has added more than 100% in value since then. If it grows another 100%, don’t say we didn’t tell you!
Inovio Pharmaceuticals was another promising small-cap biotech stock before the coronavirus pandemic, which traded below $5 per share. Somewhere on the way, it managed to make a leap of 400% up that value - now that you know what it is capable of, grab it while it is at $11!
Emergent BioSolutions is an American multinational specialty biopharmaceutical company headquartered in Gaithersburg, Maryland. It develops vaccines and antibody therapeutics for infectious diseases, opioid overdoses, and provides medical devices for biodefense purposes. After it recovered 100% of its virus losses breaking $67, it went almost straight to the current $84 – a fusion of growth and consistency.
One of the world's largest pharmaceutical companies, Pfizer has been in Dow Jones Industrial Average since 2004. Its stock has been in decline since 2018 and currently trades at $38 after recovering from the drop to $28. Clearly, if it does well with the vaccine, the future may start shining again for Pfizer.
Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris. Sanofi engages in the research, production, and distribution of pharmaceutical products. It was quick to recover almost all its losses and will surely be quick to climb higher if the vaccine is finally developed!
BioNTech SE provides biotechnological solutions. It is headquartered in Mainz, Germany. The Company develops various types of treatments for cancer patients and provides treatment worldwide. Similar to Inovio, it made a vertical leap to +100% of its value and has full potential to repeat it – be there for it!
Novavax is an American clinical-stage vaccine company headquartered in Gaithersburg, Maryland with additional facilities in Uppsala, Sweden. The company received an $89mln research grant from the Bill and Melinda Gates Foundation for the development of vaccines for maternal immunization – that is surely not for nothing! Trading currently at $25 per share, it was just 50% of it a month ago – don’t miss out on it!
Gilead Sciences is an American biopharmaceutical company headquartered in Foster City, California. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi. While high volatility of this stock needs to be mentioned, so does its potential for a breakthrough if the COVID-19 vaccine is developed successfully.
AMC spiked more than 100% on Wednesday, the struggling brick-and-mortar retailer Bed Bath & Beyond jumped by about 51%.
The biggest newsmaker of the stock market in the past few days has been Virgin Galactic. The stock jumped by more than 20% in premarket trading on Monday.
Bitcoin has broken above $41,000 for the first time since late May. Follow US Retail Sales at 15:30 MT time!
The United States will release retail sales and producer inflation (PPI index) numbers at 15:30 MT time on June 15.
Gold has plunged amid the stronger US dollar as investors await the Fed’s meeting this week.