News Formal

32 stocks to buy while earnings decline: Morgan Stanley

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

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

Morgan Stanley: Buy these 32 stocks to prepare for an unexpected earnings drop and more market volatility

and are banking on cuts this summer, which implies that they're expecting more stress for banks and the economy, according to Wilson.

"With bond markets questioning the Fed's dot plot, bond volatility has increased markedly," Wilson wrote."We think stocks are next as investors realize earnings guidance looks unrealistic."With weaker earnings and more market volatility ahead, Morgan Stanley recommends buying large, stable stocks in three defensive sectors: consumer staples, healthcare, and utilities.

Wilson screened for that criteria and found 32 stocks that stand out. All are US-based, have an overweight rating from Morgan Stanley analysts, are in one of the three defensive sectors the firm is bullish on, have a market value of at least $10 billion, and have low volatility as measured byBelow are the 32 overweight-rated US large-cap stocks that Wilson listed in his note along with the ticker, market capitalization, sector, industry, and beta for each.

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:

 /  🏆 729. in US
 

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

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.

'Sell into rallies': Morgan Stanley names the stocks to navigate current European banking jittersMorgan Stanley strategists recommend 10 defensive stocks to own right now while selling European bank stocks 'into any material rally'. They probably forgot to add MorganStanley to the Sell list. Fully loathed with speculative assets Clown network
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley has upgraded a raft of stocks to overweight — here are 5Morgan Stanley's analysts said one of the overweight-rated stocks is set to rise over 50%. Time to demand action from President Biden, he must declare a National Emergency and ban AR15s, ban ammunition until Congress passes a new Assault Rifle ban along with new age limits and other restrictions on guns. Use your influence. Make a difference
Source: CNBC - 🏆 12. / 72 Read more »