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home / news releases / MRNA - Why Moderna Stock Is a No-Brainer Buy Right Now


MRNA - Why Moderna Stock Is a No-Brainer Buy Right Now

2024-06-10 05:50:00 ET

Some investors might view Moderna (NASDAQ: MRNA) as a shooting star that shined bright for a while then flamed out. In 2022, the biotech company generated sales of nearly $18.9 billion, but it expects revenue of only $4 billion this year.

The real story for Moderna is much better than that steep sales decline reflects. Here's why the biotech stock is a no-brainer buy right now.

It's no exaggeration to say that Moderna is at an inflection point. The company's previous success stemmed entirely from its COVID-19 vaccine Spikevax. That's changing.

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Why Moderna Stock Is a No-Brainer Buy Right Now
Stock Information

Company Name: Moderna Inc.
Stock Symbol: MRNA
Market: NASDAQ
Website: modernatx.com

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