Morgan Stanley says to buy these 15 highquality stocks juicing profits ahead of earnings season

Image for article Morgan Stanley says to buy these 15 highquality stocks juicing profits ahead of earnings season
News Source : Business Insider

News Summary

  • Stocks and the economy have plenty of room to run, Morgan Stanley says.
  • The bank says there are some "hallmark" signs of mid-cycle dynamics.
  • The market is starting to place emphasis on stocks whose earnings continue to grow, it says.
  • Morgan Stanley shared a list of high-quality stocks that fit four criteria: top 1,000 by market cap, improved earnings estimates from three months ago, and rated "Overweight" by the bank's analysts.
  • The 15 largest stocks on the list are: NVIDIA, Apple, Costco, Visa, Gilead Sciences, and ServiceNow.
A few years of redhot stock returns, some shaky recent economic data, sticky inflation, and a Fed raising interest rates may make you worry were nearing the end of an economic cycle.

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