pekss
2022-08-10

I would give $Novavax(NVAX)$a miss, as I prefer established pharmaceutical companie with a line of cash cows from approved drugs proven to treat common diseases and a long pipeline of drugs in various stages of clinical trials.

Examples of my preference are $Pfizer(PFE)$and $Merck(MRK)$that do not rely on a single drug for profitability, and whose earnings are stable. This is unlike Novavax which depends on the success of its COVID-19 vaccine and whose share price is highly volatile due to the high dependency on a single drug. This is not helped by the lateness of its COVID-19 vaccine, that falls far behind those of Pfizer, $BioNTech SE(BNTX)$and $Moderna, Inc.(MRNA)$that have been widely adopted by the western countries.

@TigerEvents@CaptainTiger@CaptainTiger@TigerWire@TigerStars

NVAX: What's your target price after earnings miss?
【KEY POINTS】 1. Novavax stock plunged 31% after the company provided its Q2 update. 2. The vaccine maker badly missed revenue and earnings estimates and slashed its full-year revenue guidance. 【Topic】What's your thoughts on NVAX earnings? Target price after earnings miss?
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Comments

  • PhilipChow
    2022-08-10
    PhilipChow
    Will the inflation reduction act affect Pfizer and Moderna?
  • Jiminvest88
    2022-08-12
    Jiminvest88

    Ok 

  • KeN3
    2022-08-12
    KeN3
    Kinda lost hope
  • AhBart
    2022-08-10
    AhBart
    Prudent. Absolutely 🤓
  • Cl goh
    2022-08-10
    Cl goh

    👌 

  • kM
    2022-08-10
    kM
    True also
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