I discussed more speculative COVID-19 vaccine stocks to double your money earlier this week… Today, I’d like to show you sort of a backdoor way to play vaccines that many people have not thought of yet: drugstore stocks!
When it comes to drugstore chains like CVS Health Corp. (NYSE: CVS), Walgreens Boots Alliance Inc. (Nasdaq: WBA) and others, the stock market mostly looks at them as roadkill for Amazon.
Amazon.com Inc. (Nasdaq: AMZN) purchased startup PillPack a few years ago and will soon begin offering pharmacy subscriptions to Amazon Prime members. Wall Street has largely shunned drugstore stocks since this announcement.
They might as well fold up shop and go home with Amazon taking over, traders think. And their shares are beaten down. So why are drugstore stocks a backdoor play on the coming COVID-19 vaccines?
What so many people have failed to consider is these drugstore chains already offer what Amazon is promising: internet fulfillment pharmacy and delivery services. They’ve been doing it for years!
Together, these two pharmacies fill nearly half of all Americans’ prescription drug orders — about 40% more than mega-chain Walmart Inc. (NYSE: WMT) and its measly 5% market share.
As the Wall Street Journal recently noted, these chains will play a leading role in getting the vaccine to the most at-risk Americans. That’s about 2.1 million elderly people living in more than 15,000 nursing homes and care facilities.
But what people may not realize is these chains will also play a major role in inoculating millions more Americans in the months ahead. And drugstore stocks will rise along with their profits.
Thanks to contracts signed and paid for by the U.S. government via the Centers for Disease Control, these chains are gearing up to vaccinate millions and millions of people.
This could move drugstore stocks 30% to 50% higher in the next 12 to 18 months.
Check out my short video below and let’s discuss this big profit potential further. Also leave your thoughts in the comments below.
If you still base your trades on things like economic indicators, management shake-ups and industry headlines… you’re wasting your time.
And you’re wasting your hard-earned money.
That slow, old-school way of investing just doesn’t work as well in today’s fast-moving marketplace. And it’s not how Wall Street hot-shots are raking in their millions.
That’s why I want to tell you about a faster, more efficient way to trade.
By harnessing the power of one mathematical equation, you can get in and out of stocks in as little as a few weeks — and sometimes in just a few days.
Not only does this let you enjoy your returns more often, but you’ll never lose sleep worrying about what direction the market’s headed — ever again.
To learn more about this profitable trading pattern, and how it can speed up your returns, click this link right here.