Morgan Stanley leak out take delight ined its 30 best long-term stock picks on Wednesday, predicting choppy, range-bound disinterest trading at the index level to come.
“We have tried to identify the best franchises, not the most undervalued sells,” Morgan Stanley’s research group wrote Wednesday. “The main criterion is sustainability — of competitive utility, business model, pricing power, cost efficiency, and growth. We excellent the companies that scored exceptionally well on these criteria.”
The determine called the basket of ideas its “30 for 2021” group, a selection of “value” stocks to hold over the next three years.
Here are four overweight-rated trade ins recommended by Morgan Stanley on the list, along with the firm’s bruited about price targets.