bernardtayet
2022-05-30

$Novavax(NVAX)$ , a stock that may shoot to the moon in about 10 days. On June 7, FDA advisory will meet to review its Emergency Use Authorisation (EUA) filing.

Given that other global regulatory authorities including Singapore has allowed its use, I am rather hopeful that its vaccine is likely to be approved by FDA, which will then very likely push its current share price higher. It is  trading at around US $55.29 as at May 27.

Given that it has fallen drastically over the last 6 months, I have renewed confidence in this stock. Afterall, Covid19 and its new variant are not likely to go away so soon, demand will still be there. Moreover Novavax vaccine is protein based that offers an excellent option to people worried about unforseen harm from mRNA.

I like drug makers and is considering investing in Novavax. I hope I am right. Wish me luck. Hope to make some money for June holidays. 

It is just my personal opinion. Do your own diligence as there are risks in any share investment . Best wishes. 

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Comments

  • DaveLewis
    2022-05-30
    DaveLewis
    Drug makers are good. But for NVAX, can try some but be careful. Watch its fundamentals first🥰
  • Bom Bom
    2022-05-31
    Bom Bom
    I'm a Pfizer man, it's in my blood!
  • Duizzz
    2022-05-31
    Duizzz
    Drug companies do have growth however please take caution in whatever we are buying
  • Gloria112
    2022-05-30
    Gloria112
    Can't agree more. We all must pick one in the drug industry to our portfolios
  • Juliaaa11
    2022-05-30
    Juliaaa11
    Moonlights were already shining on Novavax.
  • Michelle Ong
    2022-06-02
    Michelle Ong
    Like back thanks
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