Morgan Stanley sees a comeback in Wall Street deals underway — and expects some financial stocks to reap the benefits. Analyst Andrei Stadnik pointed to the fact that completed mergers and acquisitions are up 16% in the second quarter compared with the same period a year prior. That bodes well for a variety of asset managers, banks and advisors that benefit from a landscape with more dealmaking, Stadnik said.
Here are some of his ideas: Within asset managers, Stadnik called Blackstone an "under-appreciated" beneficiary of a better backdrop for the macroeconomy and capital markets. Morgan Stanley's wealth division added a position in the stock to its global dividend model this week, noting it offers "exposure to a best-in-class private market franchise at an attractive valuation.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »