After a particularly rough fourth quarter in 2018, tech stocks have been staging an impressive recovery so far this year – but Morgan Stanley is warning that, due to bleak growth prospects, lofty valuations and various other potential challenges, tech stocks could be particularly vulnerable when the current market rally starts to peter out later this year. Still, the firm does see some opportunities in the sector. For more, CLICK HERE.
When it comes to where to put their money in 2019, investors may not want to pursue an “America First” approach. At least that’s the position laid out by Morgan Stanley in its recent Global Strategy Outlook report for next year, with the investment bank preferring “stocks in emerging markets to those in the U.S. because it is predicting stable growth in those economies in 2019, versus a slowing expansion stateside.” For the emerging markets Morgan Stanley is most bullish on, which types of stocks it prefers within those markets, and why, despite its preference for EM stocks over U.S. stocks, it is not overly excited about equities overall, CLICK HERE.
Although we are just past the half-year mark for 2017, analysts at Morgan Stanley have already identified the stocks that they are most bullish on for the next year in their annual “vintage value” list. To find out which stocks Morgan Stanley’s analysts assess to be high conviction “one-year buy-and-hold investment opportunit[ies]” and what the firm’s price target is for them – as well as for the criteria used in compiling the list – CLICK HERE.
“Make hay while the sun still shines,” sums up the guidance for investors in a recent report from strategists at Morgan Stanley, who anticipate that the second half of 2017 will provide a favorable environment for returns, but that things will take a gloomier turn come 2018. For some of the bank’s specific strategic plays for the second half of this year – and what lies behind its bleaker forecast for next year – CLICK HERE.