Morgan Stanley Says It's Time To Take Profits Off Defensive Stocks

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Finance Noticias

Morgan Stanley,Defensive Stocks,Recession

Morgan Stanley analyst Mike Wilson advises investors to lock in gains on defensive stocks after their recent outperformance, citing historical trends and uncertainty surrounding the labor market.

After Morgan Stanley was out with a call on this, recommending investors lock in their gains on defensive stocks.

We've actually heard this from some of our strategists here over the last couple of trading days and we did see a huge build up in some of these defensive pleas ahead of the fed's decision to cut. But Mike Wilson saying it's time to take profits off that recent out performance because like you said, Shaw, a lack of clarity about what the job market in the labor market data could look like if the data, you know, is horrible, that could be a boost for defensive could make it look like we're heading towards a recession.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Morgan Stanley’s Wilson Says Take Profits on Defensive Stocks(Bloomberg) -- Investors should lock in gains on US defensive stocks as their recent outperformance has left valuations looking pricey, according to Morgan...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

FedEx downgraded by Morgan Stanley after Q1 earnings missMorgan Stanley downgrades FedEx (FDX) from Equal-Weight to Underweight after the company's fiscal first quarter earnings miss sent shares reeling on Friday. ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »