These Stocks Have The Most To Gain From Covid-19 Vaccine-Making And Distribution, According To Bank Of America

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Among companies benefitting the most from the vaccination boom will be those manufacturing and transporting the vaccine in Asia and Europe, analysts say.

A slew of publicly traded firms along the vaccine supply chain are set to cash in as widespread inoculation kicks into high gear in the coming weeks; here are some of the firms set to profit the most from vaccine-making and distribution, according to a Bank of America note sent to clients on Wednesday.... [+]Key Facts

Meanwhile, Pennsylvania-based West Pharmaceutical, the maker of rubber stoppers used for vaccine packaging, should lead gains in its industry, analysts forecast, with a more than 15% increase in profit, which last year totaled $242 million. In the United States, FedEx and UPS are estimated to see domestic revenues rise between $100 million to $300 million apiece for their vaccine distribution efforts, but that's a pittance relative to overall annual revenues of roughly $20 billion each.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines