Buy Moderna Stock. It’s More Than a One-Hit Wonder.

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Moderna, a drugmaker with just a single product to its name, has become perhaps the best-known biotech in the world over the past four months, with nearly 100 million doses of its Covid-19 vaccine administered in the U.S. alone.

Yet investors don’t seem to know what to make of it anymore, and the stock is stuck in a spin cycle.

In the first…

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