Morgan Stanley strategist Mike Wilson is still bearish, but has some cheap stocks he touts anyway

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Morgan Stanley strategist Mike Wilson still bearish, but has some cheap stocks he touts anyway

A bearish stance on the wider stock market isn't keeping Mike Wilson entirely on the sidelines. Morgan Stanley's chief U.S., equity strategist said the broad market has as bad of a risk-reward ratio as there has been throughout the bear market. And he said the slow pace of an earnings recession can keep institutional clients more exposed than they should be.

"They're built with human beings, with human labor, with supply chain. They're built for a pandemic," said Steve Grasso, CEO of Grasso Capital, on CNBC's "Fast Money" following the company's earnings report. "The pandemic is over, so they have to … slowly reduce that headcount." Morgan Stanley expects the stock to gain more than 50% this year after losing about the same amount in 2022.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

CNBC you keep shoving Tom Lee at us but always restrict Mike Wilson. That is bull crap.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Morgan Stanley downgrades XPO, says logistics company is a 'show me story' after latest quarterMorgan Stanley is the latest firm downgrading the stock after earnings, following Wells Fargo and Jefferies. train derailment in Ohio is currently emitting massive amounts of carcinogenic compounds into the air, this alone would be enough to be interesting but it seems there is more to the story. Norfolk Southern seems to be operating hand in hand with the government in this area, LOOK
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »