Could Moderna Stock Help You Retire a Millionaire?
Moderna (NASDAQ: MRNA) has helped many investors get rich over the past year. The biotech soared more than 400% in 2020. That's after it brought its coronavirus vaccine project from the drawing board to commercialization in a matter of months. Gains have continued this year. And for good reason. The coronavirus vaccine made Moderna profitable after only one full quarter of sales -- and profit topped $1 billion.
The coronavirus vaccine giant predicts $20 billion in vaccine sales this year. And next year's orders and options total about the same. All looks good for more short-term growth in this stock. But what about farther down the road? Could Moderna shares actually help you retire a millionaire? Let's find out.
Source Fool.com
