UK vaccine approval: the share I’d buy now

first_imgUK vaccine approval: the share I’d buy now I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images See all posts by Christopher Ruane Christopher Ruane | Wednesday, 2nd December, 2020 | More on: JDW The UK has now approved the Pfizer vaccine for use. Positive vaccine-related news has tended to help the stock market. I expect that this UK vaccine approval will also lead to positive sentiment for recovery shares.One share in particular I like is pub operator JD Wetherspoon (LSE: JDW).5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Why vaccine approval is good news for WetherspoonThe UK has had a stop-start system of lockdowns across the country this year. One of the worst-affected types of business has been pubs and there has been uncertainty around whether and how pubs can open at times. For example, in England, the requirement to serve substantial food meant forced closure for pubs without dining offered. But pubs also face a unique problem with stock disposal. While some shops can shut their doors and reopen with the same stock, pubs cannot. Beer goes stale. So each lockdown has meant many pubs have literally had to pour valuable beer down the drain rather than sell it to thirsty punters.The selective lockdown approach to pandemic management is thus very damaging for the pub trade. A vaccine offers a different way out of the pandemic. UK vaccine approval will allow a mass vaccination effort. With that, public life ought to get back to normal – including pubs being open.JD Wetherspoon has had a torrid year, like many pub owners, and in October reported its first loss in over 30 years. However, if the pub trade goes back to normal, it is ready to benefit. Where it has been allowed to do so, it has kept its pubs trading through lockdown. Additionally, it is still standing. I expect a lot of pubs will unfortunately go under this year and never reopen. That means a lot of trade for other pubs. At least some of that is bound to come the way of Wetherspoon.I’d buy Wetherspoon shares nowThe shares have already recovered a lot this year, more than doubling from the lows they hit in March. In November alone, they put on almost 30%. So there already seems to have been a shift in sentiment on the shares. That may have been in anticipation of the vaccine.However, I continue to see the shares as good value and would buy them today. The company has a winning formula in the market, with its combination of cheap beer and popular locations. Its chief executive has continued to increase his stake over many years, aligning management interests with those of shareholders. While its balance sheet has more debt than I would like, it is still more attractive to me than the balance sheets of competitors such as Mitchells & Butlers.I expect the UK vaccine approval news will be broadly good for market sentiment. Specifically, I think it will force a reevaluation of companies that stand to gain business from mass vaccination. Wetherspoon is one and I would buy it today. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Sharescenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. christopherruane has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Addresslast_img read more

Read more