Finance
Morgan Stanley: 26 stock pick recommendations for technology innovation
Reuters / Fabrizio Bensch
- Morgan Stanley says we’ve entered the type of computing cycle that comes around only every 10 years, with a specific focus on data technology.
- The firm has identified 26 companies it thinks possess a technological edge, whose stocks are thereby positioned to perform well in the future.
One way to achieve success as an investor is to identify trends before they fully develop.
You load up on shares of companies at the forefront to some sort of paradigm-shifting innovation, then watch in glee as you make money hand over fist.
Morgan Stanley realizes this and says it’s actually a perfect time for traders seeking such opportunities.
At the center of the firm’s latest analysis are the computing cycles it says emerge once every 10 years. It argues that this particular iteration has just gotten underway, with a focus on data technologies like artificial intelligence, Internet of Things, and automation.
“Following nearly two decades of underinvestment in technology, we see enterprises reinvigorating IT spend to enable productivity and believe data technologies support a secular tailwind to IT budget growth,” Mike Wilson, Morgan Stanley’s chief US equity strategist, wrote in a client note. …
Sponsored: If you enjoyed reading this story so far, why don’t you join Business Insider PRIME? Business Insider provides visitors from MSN with a special offer. Simply click here to claim your deal and get access to all exclusive Business Insider PRIME benefits.
-
Entertainment5 days ago
Hands-on with the Claude AI app: It’s pleasant to use, but janky
-
Entertainment4 days ago
Apple Watch Series 9 vs. SE: A smartwatch skeptic tested both for 13 days
-
Business5 days ago
Haun Ventures is riding the bitcoin high
-
Entertainment7 days ago
‘Bridgerton’: Everything you need to remember before Season 3
-
Entertainment5 days ago
5 essential gadgets for turning your home into a self-care sanctuary
-
Entertainment3 days ago
The greatest films on Prime Video right now
-
Business4 days ago
Apple: pay attention to emerging markets, not falling China sales
-
Business4 days ago
Google dubs Epic’s demands from its antitrust win ‘unnecessary’ and ‘far beyond the scope’ of the verdict