A vaccine for COVID is great news for the world’s population. But it may mean the end of a good run for certain stocks.

In late October, J.P. Morgan analysts compiled a list of 25 stocks that could respond negatively to the introduction of a vaccine. Given November 9’s news that a candidate from Pfizer/BioNTech prevented 90% of infections in trials, that list appears to be newly relevant.

“As we are getting closer to a vaccine, we are introducing COVID-19 Vaccine Tactical Short Candidates,” the J.P. Morgan analysts wrote. “This is a list of stocks that are in the upper echelon of Momentum and have crowded positioning, that could see the second derivative of their profit growth decrease as consumer/corporate activity normalizes.”

Already on November 9 several of their predictions appeared to be playing out, with names like Zoom down 17% and Peloton down 20% as of the close. The list also included online education provider K12, lawn care chemical maker ScottsMiracle-Gro, and retailers such as Wayfair, Overstock, and Costco that have benefited from people stocking up and staying home.

Meanwhile oil prices surged November 9, as did sectors such as carmakers, airlines, and cruise operators, on hopes that a vaccine would mean an end to lockdowns. As Fortune’s Katherine Dunn wrote: “Such a surge may be completely premature, but ‘in the eyes of traders, a vaccine will help ensure no future lockdowns are needed and will bring people back to the streets, allowing road and air transport to recover,’ said Bjornar Tonhaugen, head of oil markets at Rystad Energy in Oslo.”

Here is J.P. Morgan’s full list of COVID-19 Vaccine Tactical Short Candidates:

ScottsMiracle-Gro

ScottsMiracle-Gro

Peloton Interactive

Peloton Interactive

YETI Holdings

YETI Holdings

Vista Outdoor

Vista Outdoor

Chipotle Mexican Grill

Chipotle Mexican Grill

Chegg

Chegg

K12

K12

Wayfair

Wayfair

Grubhub

Grubhub

Fiverr International

Fiverr International

Stamps.com

Stamps.com

Overstock.com

Overstock.com

Big Lots

Big Lots

Costco Wholesale

Boston Beer

Clorox

Central Garden & Pet

Central Garden & Pet

American Well

American Well

Moderna

Moderna

Novavax

Zoom Video Communications

Logitech International

Bandwidth Inc. Class A

Equinix

Equinix

Digital Realty Trust

To be sure, the J.P. Morgan analysts cautioned that “these screens should be viewed as tactical opportunity to express a view on the catalyst rather than a fundamental call on these companies.”

And indeed, with a pandemic still raging and Donald Trump not yet having conceded the presidential race, it might be a bit premature to short stocks like Boston Beer…just yet.