In search of low-cost shares? Morgan Stanley picks its favourite investments
Analysts at Morgan Stanley have picked a slew of shares that look “low-cost” in comparison with their world friends — and plenty of have the potential to rise greater than 20%, in keeping with the financial institution.
Europe has outperformed the MSCI All Nation World Index (ACWI) since February, the analysts mentioned, however relative valuations are nonetheless close to 10-year lows. Morgan Stanley expects the area to get an additional increase forward of the summer time as its financial system emerges from the pandemic.
Sectors reminiscent of autos, well being and retail look “most cost-effective” when in comparison with world friends, the financial institution mentioned in a be aware printed Wednesday.
Listed here are 10 of the financial institution’s high picks, all with a possible upside of at the very least 20%:
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