Stock to buy, 16 names set to surge as pandemic fears recede: Evercore - Business Insider

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A Wall Street bank breaks down why Pfizer and BioNTech's vaccine efficacy news means a faster return to normal — and shares the 16 stocks set to bounce back rapidly as soon as COVID panic recedes

are clearing a path to lower equity risk premium and a higher market, but investors still need to be cognizant of the headwinds that could emerge, according to DeBusschere.

Another hurdle towards a complete normalization of economic activities is safety data, which has been positive from the 45,000 people dosed so far. "In recent meetings done by CDC, they've mentioned a number in the proximity of 10 million people vaccinated per month, which is a lot of people," he said. "But 10 million per month means it's going to take several months to start to get to levels where you've vaccinated a good amount of the US... Presumably, they can ramp it up to 20 million per month at some point.

 

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Of course a Wall Street bank would say that and ignore the facts - like how much if an impact COVID has had on company revenues and the economy over the past year....just wait for the market to drop HARD late December

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