Dry ice is also widely used in the healthcare sector to transport and store biological samples, organs, bloods, and temperature-sensitive medicines like vaccines. Because of the cold storage requirements for the Pfizer COVID-19 vaccine, dry ice stocks have been trending in anticipation of the increased demand.
Pfizer and Moderna have raised hopes that the COVID-19 pandemic can be stopped. The drug companies have announced vaccine candidates that are more than 90 percent effective in protecting people from COVID-19. The Pfizer and Moderna COVID-19 vaccine announcements sent stocks soaring as investors see end of the pandemic in sight.
Epicenter stocks should take off massively as the U.S. economy continues to recover and success on the COVID-19 vaccine front leads to relaxed social distancing protocols. For example, social distancing rules and lockdowns have kept people away from cruise ships and movie theaters.
With some epicenter stocks trading about 50 percent off their peaks, the upside potential looks huge as the economy recovers. Investors with exposure to epicenter sectors could see great returns. According to Lee, epicenter companies make up about 25 percent of the stock market. https://marketrealist.com/p/dry-ice-stocks/
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