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Stock impact report

2 Healthcare Stocks to Buy Hand Over Fist and 1 to Avoid [Yahoo! Finance]

BioNTech SE - American Depositary Shares (BNTX) 
Company Research Source: Yahoo! Finance
With aging populations in the U.S. and other major countries, the demand will almost certainly increase over the next decade and beyond. However, some stocks in this sector are better than others. Here are two healthcare stocks to buy hand over fist and one to avoid. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In the third quarter of 2021, BioNTech (NASDAQ: BNTX) raked in revenue of over 6 billion euros (around $6.9 billion based on the then-current exchange rate). Fast forward to Q3 of 2024, and BioNTech's revenue was only 1.24 billion euros (roughly $1.3 billion), due to the steep decline in demand for the COVID-19 vaccine the company markets with its partner Pfizer With sinking revenue (and profits), why is BioNTech a stock to buy hand over fist? For one thing, the company's COVID-19 revenue has rebounded, jumping 39% year over year in Q3. More importantly, though, the market isn't giving nearly enough cr Show less Read more
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