This 30-name Morgan Stanley fund is up 70% this year — Here's how the manager picks winning stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: This 30-name Morgan Stanley fund is up 70% this year — Here's how the manager picks winning stocks Check out CNBCPro today.

While the coronavirus pandemic wreaked havoc on investors' plans this year, the market volatility played right into the hands of a relatively new fund from Morgan Stanley, which has reaped a whopping 70% return in 2020.stands out as one of the best-performing funds this year and is ranked number one in its category of 850 funds, according to Morningstar.

For fund manager Manas Gautam, one of the most important stock-picking criteria is a company's ability to resist disruption and turbulence, which worked to the fund's advantage exceptionally this year in the face of the pandemic. It's crucial to understand "if the management of the company can withstand short-term pain and make those short-term painful decisions for long-term gains," Gautam said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro nice

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are Morgan Stanley's top picks for the earnings seasonNew for subscribers: Here are Morgan Stanley's top picks for the earnings season Check out CNBCPro today. Pro we cant subscribe to every digital news site SMH Pro All these CORRUPT banks and research firms keep making RIDICULOUS price targets for 1000% overvalued garbage. BTIGresearch needs to be put out of business and all arrested for their NONSTOP scams. $DPZ at $400 when the stores don't even receive the online orders? Should be $4.
Source: CNBC - 🏆 12. / 72 Read more »