This Market Could Be Worth $10 Billion by 2030 -- 2 Stocks to Buy Now
Innovation never sleeps in the healthcare sector. At the beginning of this year, there had never been a vaccine approved by the U.S. Food and Drug Administration (FDA) for the prevention of the respiratory syncytial virus (RSV). Now, three companies have managed to earn approval in this area.
The first was U.K.-based pharmaceutical giant GlaxoSmithKline. (NYSE: PFE) and Sanofi (NASDAQ: SNY) followed soon after, in that order. The RSV vaccine market could be worth $10 billion by 2030, according to some estimates. Let's see why Pfizer and Sanofi are great picks to profit from this market.
RSV causes cold-like symptoms and is relatively mild for most people. But for some, especially infants or older adults, it can cause serious health problems such as pneumonia.
Source Fool.com
Pfizer Inc. Stock
The stock is one of the favorites of our community with 31 Buy predictions and 4 Sell predictions.
As a result the target price of 41 € shows a very positive potential of 60.0% compared to the current price of 25.63 € for Pfizer Inc..
