This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Morgan, Goldman Rivalry Heats Up

But earlier this month, Bove changed his tune, telling Bloomberg he "loves" Morgan Stanley and predicting a big increase in its stock price this year, along with other big banks.

Analysts, including Bove, are still more bullish on Goldman, however. Fifteen Wall Street prognosticators are advising clients to buy Morgan Stanley stock, vs. two with sell ratings, and another 10 telling clients to hold. Nineteen advise clients to buy Goldman, none advise selling, and seven advise holding.

Over the past year, Goldman's stock has outperformed, rising 126%, vs. a 95% increase for Morgan Stanley shares. But as Morgan sentiment has gotten more bullish recently, so has its stock price: Morgan Stanley shares are up 2.6% this year, vs. a 2.1% decline in Goldman Sachs.

When the two firms report fourth-quarter results this week, it won't be surprising if Goldman out-earns Morgan Stanley once again. Wall Street's current consensus view is for Goldman to earn $5.19 per share, far above the 36-cent earnings prediction for Morgan Stanley. But the question isn't really how much the firms earned last quarter, but how much room they have to grow in 2010.

The competition is evident in the battle over their earnings date alone. Although competitors tend to choose different days to report, and vie for the first position if results are astounding, Goldman made a surprising move after Morgan Stanley said it would report on Jan. 21: It chose the same date. Morgan Stanley then countered on Jan. 8, moving its report up a day.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AIG $55.96 -1.10%
BAC $14.35 -2.80%
BCS $9.64 -4.30%
C $45.58 -2.40%
GS $163.30 -1.70%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs