TipRanks
Morgan Stanley: These 2 ‘Strong Buy’ Stocks Could Double From Here
Two months ago, Morgan Stanley had posed a question: ‘Will the September market swoon take longer than average to recover?’ According to the firm’s chief US equity strategist Mike Wilson, we can “Fast forward to today, and the answer to that question is a definitive no. Instead, our data show retail investors remain steadfast in their commitment to buying equities…” Wilson sees retail investors giving a large boost to the market’s current upward impetus, and paradoxically, he believes that the