Will Moderna Become the Next Big Meme Stock?
Moderna (NASDAQ: MRNA) has been one of the hottest buys on the stock market over the past few years due to its COVID-19 vaccine. Since the start of 2020, its shares have skyrocketed more than 1,700% while the S&P 500 has risen by a more mortal 43%.
Investors having been jumping on the healthcare stock's bandwagon as its rapid ascent in popularity makes its story a lot more exciting than that of another big pharma company (think Johnson & Johnson or Pfizer) making a vaccine. Retail investors are big fans of Moderna, and even if it generates underwhelming results next year, it could still produce great returns -- largely because it could be the next big meme stock.
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Source Fool.com
