The research analysts said they expect fourth-quarter earnings to be moderate relative to the rebound seen in the third quarter of 2020, given lockdown restrictions seen throughout Europe in the last few months.
"However, we believe numbers are achievable and 4Q should deliver a positive surprise," the analysts said, highlighting "13 stocks where MS Research analysts have high conviction ahead of the results." Morgan Stanley noted that its quarterly survey was positively skewed, with analysts seeing "modest upside risks in fourth quarter, especially for Autos, Beverages, Business Services, Chemicals, Internet, Semiconductors and Freight."
Conversely, they identified "downside risks for Aerospace & Defense, Infrastructure, Leisure, Med Tech, Software and Airlines." Led by Ross A. MacDonald, the analysts said they had high conviction on 13 stocks going into earnings season. Of these, they had a positive view on eight: Consultancy firm
Dogecoin
Isn’t that pumping a stock in order to manipulate it to go higher.
dogecoin is up!
Morgan Stanley is not Robin Hood don’t get it twisted they our for making money not loosing money!
Fuck Europe stocks
Sounds like good news