Morgan Stanley names 5 cheap global stocks — and gives all at least 20% upside

Morgan Stanley analysts have named their top global stock picks in a choppy market, saying all of them look cheap right now. While Morgan Stanley — like other banks — remains cautious on stocks, given persistently high inflation, slowing global growth and the Ukraine war, it identified several "key overweights" in a note dated May 11. "Let's keep it simple — the macro backdrop is very difficult for stocks.

A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange , January 19, 2022.

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