Morgan Stanley (NYSE: MS ) is a big name on Wall Street, and many of its analysts are truly at the top of their game. While I wouldn’t blindly follow Morgan Stanley analysts, I do think they’re worth listening to whenever they update their notes or ratings. For the most part, Morgan Stanley is quite bullish on many of the market’s darlings, especially in the mega-cap scene. Amid the market’s latest upswing, they’ve been proven right to stay bullish, even as some of the bears out there have expressed their doubts that the latest market run can continue. In this piece, we’ll check in with three stocks spanning a wide range of industries that MS is quite upbeat about right now. With impressive price targets and overweight (or buy) ratings, the following plays may make for great Morgan Stanley stock picks in May 2024. Adidas (ADDYY) Source: Shutterstock Morgan Stanley recently gave European apparel play Adidas (OTCMKTS: ADDYY ) a big vote of confidence with a “double upgrade” to Overweight from Underweight, skipping the Neutral (or Hold) rating....
InvestorPlace - 5/3/2024 3:18:42 PM
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