The S&P 500 will soon wipe out all of its year-to-date gains as the market properly prices in the weak macro environment, Morgan Stanley strategists said in a Monday note to clients, though the oft-bearish analysts offered various picks for stocks set up well for the turbulence on deck.The analysts, led by the bank’s top investment strategist Michael Wilson, set a 3,900 year-end target for the S&P, indicating 8.
Still, Wilson and company offered up numerous picks for equities best-positioned to weather the upcoming storm.
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