The biggest banking collapses since 2008 has heightened volatility and sent investors spiraling.Morgan Stanley shared 30 stocks to buy for long-term outperformance in the next bull market.On top of the stress already plaguing investors in 2023 — thanks to runaway inflation, interest rate hikes, and a looming recession — thein the banking industry since the Global Financial Crisis have sent Wall Street into pandemonium.
Yet despite the heightened trepidation and volatility, during times like these it's important to keep in mind that the market can be incredibly short-sighted. Morgan Stanley strategist Mike Wilson pointed out that with investors focused on the doom and gloom at hand, they may be missing out on a potential silver lining.
But by 2024, he foresees a stronger earning picture, bolstered by the next bull market's potential cyclical drivers, including lower inflation, a more open monetary policy, pent-up consumer demand, and a global economic growth recovery. Even with the end of the bear market finally in sight, Wilson still believes that investors should remain focused on buyingto ensure successful returns in the long term. In a note from March 21, Wilson and fellow equity strategist Michelle Weaver highlighted the top stocks identified by Morgan Stanley analysts to buy for outperformance and longevity.
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