Stock picks to buy, cheap firms with strong earnings: Morgan Stanley - Business Insider

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MORGAN STANLEY: Buy these 12 stocks underappreciated stocks that offer strong profit growth and are due for a surge

Find the stocks that should be up, then bet that they're going to go up. It sounds like the simplest idea possible.

So Wilson and his team evaluated the largest 50% of Russell 3000 companies by market capitalization, and looked over five years of market and earnings data to find companies that showed the strongest links between price-to-earnings ratios and outperformance relative to the S&P 500.

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