Morgan Stanley’s stocks to top Q2 estimates

Earnings season is getting underway – and it’s expected to be a big one. Market watchers are predicting lower earnings and more subdued guidance as the impact of a series of rate hikes takes hold. But Morgan Stanley’s European strategists believe this results season will outperform expectations – as it is essentially backward looking – … Read more

LVMH buys California wine giant Joseph Phelps as high-end drinks market soars

LVMH’s Moet Hennessy division on Wednesday announced it has acquired California wine-maker Joseph Phelps Vineyards, as the French luxury goods giant continues to broaden its drinks portfolio. The deal delivers Moet one of the best-known California wine makers, famous for its red table wines and premium Insignia label, and deepens its foothold in the US, … Read more

Stocks with strong balance sheets and attractive returns

European companies have never been richer, according to Morgan Stanley, and are ready to splash the cash – including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through buybacks … Read more

These are the ‘best of the best’ global stocks to buy right now

Bank of America says these “high quality” stocks are set to deliver consistent growth and returns over the long term. “The macro environment is getting more supportive for investing in high return growth compounding stocks (‘Compounders’). Our top down view is that we are at, or close to, peak bond yields,” BofA’s analysts led by … Read more

Morgan Stanley says buy the dip on these 5 global stocks

Global markets have been slammed by a slew of macro headwinds, but Morgan Stanley sees opportunities for investors to pile into “fallen angels” – stocks which the bank thinks have sold off materially and now look attractive. With the MSCI Europe down nearly 14% this year, Morgan Stanley believes European stocks have been oversold, with … Read more

People are leaving Hong Kong and here’s where they’re going

They stuck it out during the 2019 political protests. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 – not because they want to, several told CNBC, but because Covid restrictions and what they see … Read more

‘Cheap’ stocks to buy to beat rising prices, slowing growth: Strategists

The global economy is occupied with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists’ top stocks in this tricky environment. The US Federal Reserve hiked rates in March for the first time in more than three years, and announced a further 50-basis-point hike earlier this month. It’s … Read more

Morgan Stanley names 5 cheap global stocks — and gives all at least 20% upside

Morgan Stanley analysts have named their top global stock picks in a choppy market, saying all of them look cheap right now. While Morgan Stanley – like other banks – remains cautious on stocks, given persistently high inflation, slowing global growth and the Ukraine war, it identified several “key overweights” in a note dated May … Read more

These stocks could provide 'downside protection' as inflation soars, Bernstein says

As surging inflation puts significant pressure on margins, Bernstein names stocks with pricing power that could outperform.

The path to profitability: Why some struggling resale names could triumph in the long-run

Resale is becoming an increasingly popular option for socially conscious consumers, but stocks in the sector have plummeted post-IPO.