News Formal

‘The gift that keeps on giving’: Morgan Stanley likes the memory sector and picks its top stocks

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Morgan Stanley reveals its 'top picks' and 'preferred plays' in the memory chip sector.

The tech theme has been reigning supreme this year and one segment in particular stands out to Morgan Stanley: the memory sector. Calling it "the gift that keeps on giving," the investment bank notes that the sector's "pricing power is now among the best in tech, and still in early recovery stage." "We expect a significant margin recovery with supply discipline maintained," Morgan Stanley's analysts led by Shawn Kim wrote in a Nov. 2 note.

Even so, Morgan Stanley says that the recovery in the memory sector is just starting and is still "front-running a lot of good things that are supposed to happen much later." Top pick and buy-rated stocks The optimistic outlook for the memory sector spells good news for a raft of stocks in Asia.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Morgan Stanley insists this is just another bear market rallyMorgan Stanley insists this is just another bear market rally
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Morgan Stanley strategist Wilson says this is just a bear market rallyThe recent uptick in stocks could be short-lived as technical and fundamental support are still absent, Wilson said.
Källa: CNBC - 🏆 12. / 72 Läs mer »