Stocks to buy: 4 aerospace picks to take off in 2021: Morgan Stanley - Business Insider

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MORGAN STANLEY: Buy these 4 undervalued aerospace stocks that will each surge at least 20% in 2021

Aerospace stocks have taken a beating during the coronavirus crisis, but those with defence exposure now offer cheap opportunities, according to Morgan Stanley.

The shunning of this sector has been exacerbated by a growing preference among investors for more environmentally and socially responsible sectors, as well as the massive headwinds a lot of aerospace companies face with governments pouring money into fighting the pandemic, rather than other causes, such as defence spending.

"While higher government deficits create a degree of concern on budgets, we see several supportive factors," they said, listing the following: "We do not perceive as much of an austerity agenda in government policy in key markets as we did post-GFC"

 

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