I like to invest in growth equities using my Stocks and Shares ISA. The tax benefits provided by this wrapper mean I do not have to worry about any capital gains tax on these assets if they appreciate substantially. And with that in mind, I have recently been taking a closer look at the Moderna (NASDAQ: MRNA) share price.
Stocks and Shares ISA investment
Before 2020, few investors had heard about this enterprise. Outside of the biotechnology industry, the company was relatively unknown. However, it shot to fame after its coronavirus vaccine became one of the first to receive approval last year.
Since then, the company has become a household name. The Moderna share price has reflected this growth. The stock has risen a staggering 1,800% since the beginning of 2020.
As the company’s vaccine has been rolled out around the world, sales and profits have jumped. For the … Read more