COVID-19 and its effects on Certain Sectors
Global corona-virus fears have taken root in the US and changed consumer travel and purchasing behavior. This has caused regional shortages in supplies for Clorox (CLX) and bottled water which might temporarily boost their makers. The most significant potential beneficiaries are in the pharma sector. These include Gilead Sciences (GILD) and Moderna (MRNA) - who are working to re-purpose medicines developed against other lethal viruses and working rapidly on new technologies to develop a new vaccine. Shares in Novavax (NVAX) also rallied