2 Stocks to Buy With Multiple COVID-19 Vaccines in Sight
Coronavirus cases now number over 60 million worldwide, and they're continuing to rise. However, with vaccines from Pfizer (NYSE: PFE) and Moderna (NASDAQ: MRNA) now showing more than 90% efficacy in preventing COVID-19, there's plenty of hope that the worst effects of pandemic could drastically slow down and people's lives could go back to normal in the near term. The impending release of vaccines also uncovers a new opportunity for investors: Buying shares of companies that supply ultra-low temperature (ULT) freezers and that can help with the shipment of the vaccines.
Two stocks that investors should keep an eye on include Thermo Fisher Scientific (NYSE: TMO) and United Parcel Service (NYSE: UPS). The former will help with providing ULT freezers to keep the vaccines at optimal temperatures, while the latter will see an uptick in activity by shipping out millions of doses of vaccines over the next year. Here's a closer look at why both of these stocks could be great buys right now.
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Source Fool.com
