Stock picks to buy, 44 cheap companies poised to surge: Morgan Stanley

  • Taking newly-released economic data into consideration, a team of Morgan Stanley equity strategists reiterated their belief that a V-shaped economic recovery is underway.
  • They explained why Phase III vaccine data in November could be the catalyst for the recovery to gain further momentum and drive the reopening ahead. 
  • The team used quantitative screening and leveraged analyst research to identify 44 stocks across industries that are poised to surge as the economic rebound and reopening take off. 
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Seven months into the coronavirus pandemic, questions still remain around whether the economy is still headed for a V-shaped recovery.

Morgan Stanley’s equity strategy team think it’s a firm “yes.”

Newly released economic data including expanding global purchasing-manager indexes, rising retail sales in the US and Europe, increasing global trade volume, and decreasing inventory levels are all pointing to an ongoing economic rebound, Morgan Stanley said in

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Stanley Black & Decker Named Winner of the 2020 Reuters Responsible Business Award in the Business Transformation Category

NEW BRITAIN, Conn., Oct. 9, 2020 /PRNewswire/ — Stanley Black & Decker (NYSE: SWK) is the recipient of the 2020 Reuters Responsible Business Awards, honoring leadership in sustainable business. The company was named a winner in the Business Transformation category which recognizes companies that are embracing innovative opportunities to address social and environmental challenges and develop sustainable business models for the future.

“We are honored to be recognized by the Reuters Responsible Business Awards,” said Jim Loree, President and CEO of Stanley Black & Decker. “We believe that corporations have a broader role to play in society, helping to solve the world’s challenges, such as climate change, income inequality and workforce development. At Stanley Black & Decker, our mission is to be a force for good. We are proud to be amongst other leading companies helping to advance progress and ensure the world stays at the forefront of

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