Don't have any healthcare stock at the moment. I know I held Pfizer for a year or two but I think that was 2016 or 2017. I looked at some of them earlier this year and it's really odd, you'd expect that selling millions of vaccines to the government at probably ridiculous prices would drive the price up and it's been relatively flat and the earnings expectations don't look all that special. If I had to guess the only way you make out well with yours is if a lot more governments start banning or it gets out that people are dying at a huge rate.
But hey, even someone like myself that's less of a risktaker and more of a value finder with stocks makes weird bets from time to time. I bought some Roblox stock this week of all things. I have some Nokia too, that's a WSB thing still I think.
So maybe when they announce you have to get an annual Covid vaccine (100% convinced that's coming) then it will go up. Maybe should one of the vaccines on my watch list. It won't be AstraZeneca anyway.
I could be skewed by most my my young cousins and nephews all being in the Roblox age group and it seems to have stuck really well in the 5-10 age group. They grow out of it and move on, but it will be telling if kids that hit that age keep picking it up. I think it's still the smallest position I have outside of a few tiny options. Maybe it will jump 25% at which time I'll be happy and drop it.
Don't have any healthcare stock at the moment. I know I held Pfizer for a year or two but I think that was 2016 or 2017. I looked at some of them earlier this year and it's really odd, you'd expect that selling millions of vaccines to the government at probably ridiculous prices would drive the price up and it's been relatively flat and the earnings expectations don't look all that special. If I had to guess the only way you make out well with yours is if a lot more governments start banning or it gets out that people are dying at a huge rate.
But hey, even someone like myself that's less of a risktaker and more of a value finder with stocks makes weird bets from time to time. I bought some Roblox stock this week of all things. I have some Nokia too, that's a WSB thing still I think.
So maybe when they announce you have to get an annual Covid vaccine (100% convinced that's coming) then it will go up. Maybe should one of the vaccines on my watch list. It won't be AstraZeneca anyway.
I could be skewed by most my my young cousins and nephews all being in the Roblox age group and it seems to have stuck really well in the 5-10 age group. They grow out of it and move on, but it will be telling if kids that hit that age keep picking it up. I think it's still the smallest position I have outside of a few tiny options. Maybe it will jump 25% at which time I'll be happy and drop it.