Dykstra: Battered Morgan Stanley, You're Up

With the market looking up recently, it's time to start taking a look at the stocks that have taken a shellacking in the recent market selloff.

The down-and-out company I am eyeing today is a serious bargain: Financial services giant Morgan Stanley(MS Quote), which serves as an adviser to blue-chip companies, governments and investors from around the world, has been hammered beyond belief recently. Some awesome facts:

• $717 billion in assets under management
• Consistent dividend payout growth
• Diversified revenue stream
• Excellent credit ratings
• 58,333 employees worldwide
• More than 600 offices in 32 countries
• Steady earnings growth

Further, this brokerage goliath sports a forward price-to-earnings ratio of 7.66, a return on investment of 25.66% and revenue just shy of $40 billion. Here is the play. ...