This Day On The Street
Continue to site
ADVERTISEMENT
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

8 Stocks Morgan Stanley Is Betting On

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

3. RenaissanceRe Holdings (RNR)

Company Profile: RenaissanceRe is a provider of reinsurance and insurance coverage.

Current Share Price: $69.31 (May 11)

Potential Upside: 26% based on a price target of $87

Morgan Stanley's Take: Analyst Gregory Locraft writes that RenaissaneRe's revenue growth should accelerate, as first-quarter results were dominated by losses from the Japan earthquake and tsunami, the New Zealand earthquake and Australian floods.

Locraft raised his 2012 and 2013 earnings estimates to reflect revenue growth and improving margins, even as he doubled his 2012 catastrophe budget "to more accurately reflect the potential for higher catastrophe losses in line with rising long-term averages."






2. Ford (F - Get Report)

Company Profile: Ford is the U.S.-based producer of cars and trucks including the F-150 pickup, Mustang sports car and Taurus family sedan.

Current Share Price: $15.12 (May 11)

Potential Upside: 39% based on a price target of $21

Morgan Stanley's Take: Analyst Adam Jonas says Ford's first-quarter results were as important a barometer of its revival as anything over the past two years, during which time the carmaker's stock jumped 160%.

"Despite facing a quarter with gas prices up nearly 20% and continued launch efforts for the Focus and Explorer ramp-up, the company beat consensus by 30% with strong earnings quality," Jonas wrote. Among the themes Jonas pulled from Ford's first-quarter numbers, he notes the carmaker's net pricing improved even before the supply crunch resulting from the Japan earthquake.

"Ford says it is 'scrambling' to make good on second-quarter production guidance and that supply issues are being solved faster than new ones are arising," Jonas wrote.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

4 of 5

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CBS $62.79 0.11%
BWA $61.37 0.95%
F $15.92 0.98%
HON $103.09 0.58%
MS $37.46 0.28%

Markets

DOW 18,130.19 +50.05 0.28%
S&P 500 2,121.66 +3.97 0.19%
NASDAQ 5,103.3630 +11.2780 0.22%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs