When Jim Cramer Would Buy Morgan Stanley Stock After Earnings

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Morgan Stanley  (MS) - Get Report wrapped a week filled with earnings from the major Wall Street banks, reporting stronger-than-expected second quarter earnings.

The investment bank said earnings for the three months ending in March came in at $1.85 per share on revenue of $14.8 billion. 

In the video above, Jim Cramer explained why he thinks investors should buy the Action Alerts PLUS holding ahead of its upcoming stock buyback. 

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