This morning, Moderna (MRNA - Free Report) announced that its vaccine candidate was 94.5% effective against the coronavirus. This came after Pfizer’s (PFE - Free Report) announcement last Monday which showed similar efficacy for its vaccine
Oil and other risky assets have jumped over the past week on optimism that the world may return to normal by end of 2021. Other areas that benefit from re-opening, including airlines, casinos, cruise lines and hotels, have also gained.
Oil and related ETFs have been among the areas hardest hit by the pandemic and in fact, rising coronavirus cases globally could cap the gains as lockdowns have re-emerged.
The SPDR S&P Oil & Gas Equipment & Services ETF (XES - Free Report) is up more than 9% today and more than 36% this month. The VanEck Vectors Oil Services ETF (OIH - Free Report) is up more than 10% today and about 40% in November. However, both are still down more than 50% year-to-date.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
This morning, Moderna (MRNA - Free Report) announced that its vaccine candidate was 94.5% effective against the coronavirus. This came after Pfizer’s (PFE - Free Report) announcement last Monday which showed similar efficacy for its vaccine
Oil and other risky assets have jumped over the past week on optimism that the world may return to normal by end of 2021. Other areas that benefit from re-opening, including airlines, casinos, cruise lines and hotels, have also gained.
Oil and related ETFs have been among the areas hardest hit by the pandemic and in fact, rising coronavirus cases globally could cap the gains as lockdowns have re-emerged.
The SPDR S&P Oil & Gas Equipment & Services ETF (XES - Free Report) is up more than 9% today and more than 36% this month. The VanEck Vectors Oil Services ETF (OIH - Free Report) is up more than 10% today and about 40% in November. However, both are still down more than 50% year-to-date.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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