"Vaccine discovery could spark kneejerk selling... (but also) represent an opportune entry."

Key Takeaways

• Vaccine approval may trigger kneejerk selling
• However, vaccine discovery unlikely to dent immediate glove demand
• Profit taking or kneejerk selling on glove stocks (due to above) represent buying opportunity

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Based on 27 July 2020 analyst report by UOB Kay Hian. 
Full report here: https://research.uobkayhian.com/content_download.jsp?id=57824&h=6fa2eb2210eaa75108e5ef257d4c69b

Highlights in yellow are my own.

https://klse.i3investor.com/blogs/glovesvsvaccine/2020-08-07-story-h1511583670-_Vaccine_discovery_could_spark_kneejerk_selling_but_also_represent_an_o.jsp