Pfizer $PFE-2.0%, Moderna $MRNA-1.5%, and Novavax $NVAX-2.4% are three major biotech companies that have also produced and are producing vaccines for Covid-19.
I only have $PFE-2.0%of this trio , which is currently the most losing position in my portfolio. When I see green on PFE, I'll start selling and put my money somewhere else. Overall, I don't see much stability or any long term growth in this area. The stock only goes up occasionally when a new drug comes out.
Do you have any of the stocks mentioned in your portfolio and if so, why?
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Already a minimal pfizer, but I intend to get rid of it :)
I've finally gotten rid of the Pfizer too and sold it at an ugly loss. Cash moved to (hopefully) more promising companies.
I have $MRNA-1.5% because as a lesson learned from covid I have evaluated the tremendous relevance for applying the technology https://en.wikipedia.org/wiki/Messenger_RNA
This really is the greatest medical discovery since the invention of penicillin. Who can capitalize on it and build a billion dollar company around it? I think Moderna has a decent chance.