Buy BioNTech Nowโ๏ธThere May Still Be Upsides for the Stock During Earnings ๐๐๐ต$BioNTech SE(BNTX)$
Dear ๐ฏ Friends,
I posted previously that I was bullish on Pfizer (PFE), BioNTech (BNTX), & Moderna (MRNA) ๐๐ฆ due to the Omicron outbreak & that my point of view (POV) was that these stocks would also be able to weather the recession if we indeed head into one.
๐ Best & expected case โก๏ธ Profitable even during recession.
๐ Worst case โก๏ธ Earnings minimally affected, but will be lesser affected as compared to other companies.
๐ค๐ญ Reasons: (1) People still need medicines/treatments/vaccines & regardless of inflation or recession.
(2) These are things that the government will pay for & they will probably be the only ones with ๐ต๐ต๐ต during the recession as all our money would have ๐ธ๐ธ๐ธ due to inflation, stagnant/limited wage, & from paying all the increases in mortgage ๐ก, food ๐ฅฆ๐, petrol โฝ๏ธ, & everything else ๐๐งด๐งป ๐โโ๏ธ๐โโ๏ธ
(3) During a recession, governments need to spend money to stimulate the economy to create jobs/keep employment high so health๐ฉบ๐ฉ๐ปโ๐ฌ๐จ๐ปโ๐ฌ, construction๐ท๐ป๐ง, education๐ฉ๐ปโ๐๐จ๐ปโ๐ & defence๐ง๐ปโโ๏ธ๐ is the where the money will be.
I already hold PFE so I was waiting for BNTX & MRNA to fall & aiming to buy at around USD125 as I felt that investors have lost interest in vaccine stocks causing the crash in stock prices from their USD300+ high. However, since I last posted, it seems that investorsโ sentiments have changed & thereโs a rotation back into BNTX & MRNA. Their POV now is probably that these 2 are a safe haven like I think it isโผ๏ธ
Waited when it was USD150+ thinking that risk is high as investors have exited their positions, then wanted to buy at 160+ but thought recession risks might cause markets to fall, then didnโt buy MRNA because of Pelosi visiting Taiwan ๐บ๐ธโ๏ธ๐น๐ผ & I regretted BIG time because MRNA jumped more than 15% yesterday after earnings release ๐๐ฉ This is when the โsafe investorโ in me frustrates ME ๐ค I ended up buying BNTX at 175.37 ๐คฆ๐ปโโ๏ธ๐คฆ๐ปโโ๏ธ๐คฆ๐ปโโ๏ธ on 3/8 (Wed) when I could have gotten it at 150+ ๐ Good news is, itโs already green last night before I slept ๐ฅณ
๐คจNot Too Late to Buyโ
๐ค๐ญ My Thoughts: (1) PFE's 2nd quarter earnings release beat Wall Street expectations, driven by sales of its Covid-19 vaccine & antiviral treatment.
โ PFE Adjusted EPS: 2.04 per share, vs 1.78 expected
โ PFE Revenues: 27.7 billion, vs 25.7 billion
(2) MRNAโs 2nd quarter earnings release also beat Wall Street expectations, driven by sales of its Covid-19 vaccine & its antiviral treatment Paxlovid & itโs stock price closed 15.97% higher on 3/8 (Wed)๐คฉ๐๐ฅณ
โ Adjusted EPS: 5.24 per share, vs 4.55 expected
โ Revenue: 4.7 billion, vs. 4.1 billion expected
(3) BNTX have beat earningsโ expectations the last 4 quarters ๐ฅณ๐ฅณ๐ฅณ (see photo)
(4) Zachโs equity research expects BNTX to beat expectations when it reports its results on 8/8 (Mon), before the market opens.
โญ๏ธ Zachโs proven prediction model-combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
โญ๏ธ Earnings ESP: BNTX has an Earnings ESP of +4.88%. The Zacks Consensus Estimate for earnings stands at 7.74 per share while the Most Accurate Estimate is pegged at 8.12 per share.
โญ๏ธ Zacks Rank: BNTX has a Zacks Rank #2, which is BUY ๐ช
(5) 14 analysts offering 12-month price forecasts for BNTX have a median target of 223.14, with a high estimate of 364.80 and a low estimate of 161.90 (see photo)
โ ๏ธRisk Alert: I took the risk of buying at a high price yesterday so thereโs a moderate chance that BNTX wonโt have much higher increase or if they miss expectations, I may make a loss.
โMy Strategy: This is a short-trade for me. I think that BNTX stock price may ๐ like MRNA after earnings release. I will look at pre-market trends after release to decide selling price. Will exit on 8/8 then buy back later when itโs low after investors lose interest again.
You can read my earlier posts on PFE, BNTX, & MRNA for more information, but please also DYODDโผ๏ธ Please help to like my posts, many thanks ๐ค If you enjoy reading my posts, you can follow me & be updated whenever I post ๐ Iโm hoping to share my research & experiences with newbies & Iโm looking for like-minded individuals who are wanting to join a community who shares, discusses constructively with respect, learns, grows, & accumulates wealth together ๐ค๐ฐ
As usual-๐ค๐ญ Consider POV & Actions of investors + ๐ฉ๐ปโ๐ป๐จ๐ปโ๐ป Research + ๐FOMO & Greed = Investing Wisely ๐ค๐ค + Accumulating Wealth ๐ต๐ฐ
Source websites: CNBC, CNN business, & ZACK.
@Daily_Discussion(4/8) @TigerStars@CaptainTiger@MillionaireTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- EdTigorยท2022-08-05interesting. thanks for sharing.13Report
- RedpillBluepยท2022-08-05Very interesting article, Any company that deals with medicine and health is a clear winner in my books, as long as their ! Much appreciated. [Happy] ๐5Report
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