Market Overview

3 Vaccine Plays That Aren't Biotech Companies, According To Cramer

Share:

Vaccines are all the rage in the market today. Moderna (NASDAQ: MRNA) announced positive vaccine news, piggybacking optimism from Pfizer (NYSE: PFE) and BioNTech's (NASDAQ: BNTX) positive vaccine news last week.

On CNBC's "Squawk on the Street," Jim Cramer discussed three vaccine plays that aren't health care companies: Simon Property Group (NYSE: SPG), Taubman Centers (NYSE: TCO) and Federal Realty (NYSE: FRT) are vaccine plays.

The aforementioned stocks are all real estate companies. Their portfolios include retail properties that have been heavily impacted by stay-at-home and social distancing orders. A vaccine could help bring this industry back.

 

Related Articles (FRT + BNTX)

View Comments and Join the Discussion!

Posted-In: CNBC Covid-19 Jim CramerMedia Real Estate