Four top stock ideas for the long haul from Morgan Stanley

Investing


Akio Kon | Bloomberg | Getty Images

Attendees play Activision Blizzard Inc.’s Overwatch computer game at the AOC Open e-Sports event in Tokyo.

Morgan Stanley revealed its 30 best long-term stock picks on Wednesday, predicting choppy, range-bound equity trading at the index level to come.

“We have tried to identify the best franchises, not the most undervalued stocks,” Morgan Stanley’s research group wrote Wednesday. “The main criterion is sustainability — of competitive advantage, business model, pricing power, cost efficiency, and growth. We selected the companies that scored exceptionally well on these criteria.”

The firm called the basket of ideas its “30 for 2021” group, a selection of “quality” stocks to hold over the next three years.

Here are four overweight-rated stocks recommended by Morgan Stanley on the list, along with the firm’s current price targets.



Source link

Products You May Like

Articles You May Like

Do this to avoid a tax surprise next spring
Clare Bronfman, From Seagram heiress to defendant in Nxivm’s sex cult
Google CEO Sundar Pichai on Project Dragonfly censored search in China
This state is home to the healthiest seniors
Booming Walmart, Cisco results show US economy’s strength is real and broad-based

Leave a Reply

Your email address will not be published. Required fields are marked *