Tags: byron wien | fresh | money | invest

Byron Wien's 'Fresh Money Buy List' Gets Revived at His Old Firm

Byron Wien's 'Fresh Money Buy List' Gets Revived at His Old Firm
(Iqoncept/Dreamstime)

Friday, 16 March 2018 01:04 PM EDT

The baton has been passed from former Morgan Stanley strategist Byron Wien to the firm’s current chief U.S. equity strategist Michael Wilson.

The “Fresh Money Buy List,” a product created by Wien that highlights Morgan Stanley’s top stock recommendations, was reintroduced by Wilson this morning. These picks are meant to be near-term risk-reward ideas that “work over 3-6 months,” according to a recent note.

Here are the 10 stocks that made the cut:

  • Continental Resources (CLR) as the best way to play capital discipline in the exploration and production space
  • Cisco (CSCO) as being best positioned to provide software/security defined networking solutions to cut the cost of security breaches
  • Disney (DIS) as potential winner in shift to over-the-top video consumption
  • E*Trade (ETFC) on earnings upside
  • Iqvia Holdings (IQV) on data, therapeutics expertise, and scale
  • Knight-Swift Transportation (KNX) on benefits from electronic logging device led pricing, volume, and utilization gains
  • LyondellBasell (LYB) as market is too bearish on the supply cycle from 2018 to first half of 2019
  • Microsoft (MSFT) on accelerating revenue growth, improving margins and capital return
  • NextEra Energy (NEE) called a best-in-class utility with premier renewable business
  • T-Mobile US (TMUS) on potential for significant excess free cash flow and capital return to shareholders

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StreetTalk
The baton has been passed from former Morgan Stanley strategist Byron Wien to the firm's current chief U.S. equity strategist Michael Wilson.
byron wien, fresh, money, invest
205
2018-04-16
Friday, 16 March 2018 01:04 PM
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