Moderna Is Financing an 'Unbelievable Opportunity' With Vaccine Sales: Cramer

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Moderna  (MRNA) - Get Moderna, Inc. Report reported adjusted earnings of $6.46 per share on revenue of $4.35 billion. The company boosted its forecast for 2021 vaccine sales to around $20 billion after reporting $4.2 billion in vaccine sales for the quarter. 

Despite the strong result, Moderna dipped over 2% to $409.45 in intraday trading Thursday. 

Is it a buying opportunity? 

Jim Cramer told Action Alerts PLUS senior analyst Jeff Marks that investors will be clambering for Moderna stock as the company uses strong COVID vaccine sales to finance future research. 

Catch his full take on Moderna as well as Pfizer  (PFE) - Get Pfizer Inc. Report and AbbVie  (ABBV) - Get AbbVie, Inc. Report in the video above. 

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