Laffer Tengler Investment CIO in CNBC.com Trading Nation

AbbVie and one other health stock offer best way to play vaccine hopes, these analysts say

One group of health care stocks is standing out in the space.

Stocks such as Moderna and Novavax — names in the testing and treatment space — have soared as investors place bets in the race for a Covid-19 vaccine.

“We remain bullish on the biotech industry broadly because, aside from tech, it’s difficult to find that type of broad-based strength anywhere else in the market,” Ari Wald, head of technical analysis at Oppenheimer, told CNBC’s “Trading Nation” on Monday.

Read more here: https://www.cnbc.com/2020/05/19/coronavirus-vaccine-two-health-care-stocks-are-best-plays-analysts-say.html

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