These 'return to normalcy' stocks have further to run on an effective vaccine, Jefferies says

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New for subscribers: These 'return to normalcy' stocks have further to run on an effective vaccine, Jefferies says Check out CNBCPro today.

into the stocks that would benefit from a return to normal. Jefferies said that there are "stocks beyond the obvious" where Wall Street estimates do not account for even small improvements from a vaccine.

"Though questions remain on availability, duration of protection, and true efficacy in a world without precautions, the move today on a return to normalcy highlights how dislocated expectations remain," the note said.

 

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Pro Holy cow 🐄. Infuriating to hear kevinolearytv talk on CNBC today about giving no stimulus and just letting small businesses die...what a goof. The vaccine could take 2-3 months to get out so I'm betting that with no stimulus, stocks will tumble again.

Pro This vaccine hasn’t been peer reviewed, FYI

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