Morgan Stanley brought together five separate equity research teams to understand which European activity-based stocks damaged by the pandemic were still discounted for a post-COVID recovery, in a new research note released this week.
"Once a vaccine is widely available, we expect mobility to pick up significantly and activity-based stocks to benefit," said Morgan Stanley's equity analyst, Jamie Rollo, in the report.
MS is the perfect reverse barometer, whatever they say the opposite must be true.
If they're sharing this with you now, the time to buy has already passed. Now they're luring in the dumb money.
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