I opened the site called Finviz, where I always find useful news about the companies that are listed on US stock exchanges. First, I decided to check Pfizer. I read, that the company is ready to launch its respiratory syncytial virus (RSV) vaccine for older adults and pregnant women later this year. Amazing news. Next great news is that they decided to shift the revenue focus away from covid vaccines. As far as I found out, they are currently in talks to buy a biotech company Seagen for more than 30 billion USD. It was also written that last year Merck was a candidate to buy it for 40 billion USD, however they had a change of mind in the end. But they are interesting company because they are advancing on cancer therapy. Which brings me to another company on my check list, Moderna.
Amazing company I thought to myself. They are showing progress in vaccines against breast cancer. And what is even better, they already launched/got green light for clinical trials of mRNA HIV vaccine. If they manage to figure out a treatment for HIV, that will be a huge step for humanity as well as for them. Despite both Moderna and Pfizer reported a revenue fall because of lesser demand for Covid vaccines, they both have plan for the future. As they are tied based on fundamental analysis, I moved to the charts.
I immediately saw that Pfizer’s stocks are rather volatile. Constant rising and falling. But the range of the movement of the price was nothing exceptional. In December for example, the price was around 60 USD per share, while the current price is 39.34 USD. On the other hand, Moderna is not that volatile but has been in the down and side trend for more than a month now. Before the correction, the price of a stock was around 467 USD, while the current price is 137.19 USD.* The chart is also on very big support line.
Based on all gathered information, I decided to rather invest into Moderna. It can bring me higher returns (if it will return to that 476 price mark). Nevertheless, I will still keep an eye on Pfizer and enter the trade if some positive things regarding company might come out.
* Past performance is no guarantee of future results.
Link to a 5 year chart: https://www.investing.com/equities/moderna