Better Coronavirus Stock: Johnson & Johnson vs. Novavax

Two very different drugmakers have recently joined the elite group of companies with coronavirus vaccines in late-stage testing. Johnson & Johnson (NYSE: JNJ) initiated a global phase 3 clinical study of JNJ-78436735 (also known as Ad26.COV2.S) on Sept. 23. Novavax (NASDAQ: NVAX) started a phase 3 test of its COVID-19 vaccine candidate in the U.K. the following day.

Novavax has been the bigger winner so far this year. But which of these coronavirus stocks is the better pick now?

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Source Fool.com