Novavax Inc (NVAX) is a biotechnology company that promotes improved health globally through the discovery, development and commercialization of innovative vaccines to prevent serious diseases.
NVAX stock has been dropping today, which is a great opportunity to buy this recombinant protein vaccine specialist at a low price. Using our YieldBoost formula, we are identifying one put and one call contract that could prove very profitable for investors looking to make a profit from this stock.
Why I Like NVAX
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Novavax stock is one of the early favorites in a new vaccine that has a lot of potential to change the way we treat many serious diseases. Its insect cell technology has the potential to make developing vaccines faster and cheaper than relying on chicken eggs.
The company is also backed by a number of large mutual funds, which means that it can get the money needed to keep development of its vaccines going. That could be key in getting the vaccine into the hands of the patients who need it most.
However, NVAX shares have already seen a huge pullback this year, falling 30%. That’s a significant drop for any stock, but especially for a stock with so much promise.
This stock price decline has led to a lot of questions about the future of NVAX and its ability to develop products that can compete with rivals like Pfizer and BioNTech, which have already developed Covid-19 vaccines. It’s unclear what will happen to NVAX stock as a result of this setback, but investors should continue to monitor the situation closely.
Another big concern is the slow pace of NVAX’s product development. It’s estimated that the Company needs to ramp up production of its Covid-19 vaccine by about 25 times if it wants to meet its 2022 revenue guidance.
That’s a lot of work to do in order to get the vaccine into the hands of patients who need it most. And the longer it takes to do that, the more it risks losing a major advantage over its rivals.
That said, the stock is still a solid buy because it has a low price-to-earnings ratio and high institutional ownership. And if the Company can successfully develop its COVID-19 vaccine, it could help the company to overcome its financial challenges and turn around its stock price quickly.
NVAX (NVAX) is a stock that has gotten a lot of press for its recent successes, including the new COVID-19 vaccine and its impressive arsenal of earlier-stage vaccine programs. However, the company is battling manufacturing snags that could keep it from delivering some of its biggest products, such as its respiratory syncytial virus vaccine for pregnant women and an Ebola shot for developing nations.
The company is also trying to take advantage of technology to help it get a leg up on competitors Pfizer (PFE), BioNTech (BNTX) and Moderna (MRNA). Its latest innovation involves using protein to make a Covid shot that is more effective than its messenger RNA counterparts.
It has also landed a major contract to provide 1.5 million doses of the aforementioned Covid shot to the U.S. government, a big win for a company that previously had trouble making its presence felt in the lucrative market.
Aside from the aforementioned Covid vaccine, Novavax makes a number of other products, including a seasonal flu shot, a Respiratory Syncytial Virus (RSV) vaccine and a Ebola vaccine for developing countries.
NVAX is expected to report diminishing losses and double-digit sales growth for the fourth quarter this week. Ahead of the news, NVAX stock spiked to its highest level in nearly two years. The stock is also up 8% this year on a healthy dose of optimism surrounding the company’s future prospects.
NVAX Stock Price
Novavax (NVAX) is a biotechnology company that develops vaccines to combat serious diseases. Its recombinant technology platform harnesses the power and speed of genetic engineering to produce immunogenic nanoparticles. Its products include NVX-CoV2373, a covid vaccine that has been approved for primary and booster shots.
Earlier this year, the company announced a new CEO, John Jacobs, who has previously held positions at Harmony Biosciences (HRMY) and Pfizer (PFE). He’s a good candidate to guide the business for the next few years.
As you might imagine, this move comes at a crucial time for NVAX. Sales of its Covid vaccine are declining, as demand has slowed in the United States.
The company has a strong pipeline of potential candidates, including a vaccine for hepatitis C virus and a bivalent influenza vaccine. Those are slated to be discussed in upcoming earnings reports.
A Better Buy:
Investors looking for a market-beating growth stock should consider NVAX. The stock is currently trading at a price-to-forward-year-return ratio of just over 1, which is below the industry average.
It’s also well-supported by mutual funds, which own about 38% of the company’s stock. This is a positive sign, because it means the company has institutional backing.
In addition, NVAX stock has a low Relative Strength Rating of 1. This is the lowest possible rating on this measure and places it in the bottom 1% when it comes to 12-month performance.
If you’re thinking about buying NVAX stock, be sure to review its price history. You can do that by visiting the Quote Overview page.
A bar chart shows the NVAX stock price over the past few years. It gives you an idea of how the stock has performed and helps you determine when to buy or sell.
You can use the historical data tab to download end-of-day prices for up to two years. This is helpful if you want to analyze the trends of the NVAX stock price and how it has reacted to important events in the stock’s history.
During market hours, real-time price displays are available on the Quote Overview page. You can also see the latest trades on a specific stock symbol by selecting that symbol from the U.S. equities page and clicking the “Stock” tab.
NVAX has a slew of options available to trade on the Nasdaq stock exchange. There are numerous types of options, ranging from basic call and put contracts to exotic structured products and more complex covered calls. You can get detailed NVAX option information and a free sample of the company’s products and services at their website.
The company has an enviable track record of delivering high quality products at competitive prices and offers a range of services including sales, customer service, training, product development and manufacturing. The company’s COVID-19 vaccine is one of the most popular mRNA based vaccines on the market and has a growing list of satisfied customers. Among its most noteworthy offerings is a slew of innovative vaccines aimed at combating cancer and other infectious diseases.
Despite its modest sized employee base, NVAX is a leading innovator in the field of mRNA vaccines for chronic ocular disease. In the past decade, the company has made a name for itself with a portfolio of more than 50 proprietary products, including vaccines against several types of eye diseases. The company is currently testing its latest and greatest, a mRNA vaccine for a novel type of bacterial eye disease known as COVID-19. The mRNA vaccine has received FDA and CDC approval.