Morgan Stanley's Slimmon names tech stocks to buy at a 'reasonable price'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Breaking News: Technology Новости

Technology,Netflix Inc,Amazon.Com Inc

Though he fears a change in market conditions could cause 'some sort of equity correction,' the portfolio manager says it's 'clear sailing' for stocks for now.

Morgan Stanley Investment Management's Andrew Slimmon has been consistently bullish on stocks — even during periods of volatility. While he fears that a change in market conditions could cause "some sort of equity correction," the senior portfolio manager believes it's "clear sailing" for stocks for now.

"The problem is, as we get into May number, June numbers, July numbers of last year, those CPI numbers really came down quite a bit," Slimmon told CNBC's " Street Signs Asia. " "So the year over year comparisons are going to get much tougher, very, very near in the future." "So I'm worried that we could have a realization that the CPI, the trajectory is no longer down, and it's a little stickier," Slimmon said.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Morgan Stanley's Latest Insights: Strong Earnings Beat and Stock PerformanceMorgan Stanley's Latest Insights: Strong Earnings Beat and Stock Performance
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Dell stock gains as Morgan Stanley ups target on AI business momentumDell stock gains as Morgan Stanley ups target on AI business momentum
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

Morgan Stanley's Analysis of Indian Stock Market TrendsMorgan Stanley's Analysis of Indian Stock Market Trends
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »