[RagingBull All-Access]
Trader,
âCoronavirus namesâ have been at the forefront of [Kyle Dennisâ Fast 5 trading watchlist]( over the recent weeks.
The virus is back to making headlines in many parts of the world and the tone isnât exactly a positive one.
The second wave, feared by many, might be turning into a reality.
New research coming out of Houston suggests that a mutation of the virus has arisen, possibly more infectious.
While thatâs nothing to cheer from a human standpoint, as tradersâ we have to take note.
This is why Kyle has a close eye on [catalyst opportunities based on vaccine trial data]( and a possible prolongment of the stay-at-home economy.
Like the trade he recently put on in coronavirus stock, SRNE, in [his Fast 5 trading service.](
The company had some news about a license with the Mayo Clinic, so shares were getting some attention.
Kyle let his subscribers know about his gains shortly after alerting his entry.
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Hereâs 3 COVID names that Kyle has on his radar, ahead of [his next Fast 5 alert he drops on Monday:](
Moderna - MRNA
The company has one of the leading COVID vaccine candidates with crucial Phase 3 efficacy data due in November 2020.
As youâre well aware, weâre big fans of relative strengthâ MRNA has held reasonably well through both the COVID selloff and recent market meltdown.
With a second wave seemingly at our doorsteps, the companyâs vaccine candidate is as relevant as ever!
Buy Zone: $60-65
Profit Zone: $80+, likely to start taking profits in the $70s
Stop Zone: $58 or below
WARNING: Be wary of holding the stock overnight in November - data readout will either make it or break it.
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Novavax - NVAX
Novavax is another vaccine contender, albeit at a slightly earlier stageâ theyâre just getting started with the Phase 2 trial.
Nonetheless, investors of all sizes obviously have faith in the stockâ through the recent turbulence, itâs performed far better than most of its peers.
If COVID names get a bid, we expect NVAX to be one of the prime beneficiaries.
Buy Zone: $90-105
Profit Zone: 135-145, taking some profits above 120
Stop Zone: $85
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Teladoc Health - TDOC
Last, but not least, a not-so-obvious yet very much a COVID playâ TDOC.
The company is in the business of telemedicine and has benefited greatly from the stay-at-home environment.
Its revenues for the year 2020 are expected to nearly double to $988M from $553M a year earlier.
Itâs business model was well-established even pre-corona.
And with seemingly no end to current restrictions in sight, this stock might have a lot more in store.
Buy Zone: $190-205
Profit Zone: $250-300; sell out of some above 240
Stop Zone: $180 or below
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Want to learn how Kyle is potentially trading one of these names?
Kyle releases [his next highest-conviction Fast 5 alert]( on Monday.
For a limited time, Kyle is offering [access to his Fast 5 trading service for just $17.](
[Take advantage of this limited-time $17 offer to learn more.](
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