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☆ Morgan Stanley says these stocks could follow Meta and Alphabet in announcing a dividend
▼ + stars: | 2024-05-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The dividend stock club could soon get new members, according to Morgan Stanley. Alphabet and Meta Platforms are among the most recent high-profile names to initiate a dividend to give back to shareholders. The search giant announced a 20-cent per share quarterly dividend in April, while Meta Platforms authorized a 50-cent per share dividend in February. The moves bring the total tally of "Magnificent Seven" stocks offering a dividend to five, along with Nvidia, Microsoft and Apple. Broken down by sector, consumer staples, energy and communication services stocks tend to outperform, while materials is the only sector that underperforms following a dividend initiation.

Persons: Morgan Stanley, Todd Castagno, Castagno, Instacart, Regeneron Organizations: Meta, Nvidia, Microsoft, Apple, PayPal, Palo Alto Networks, Expedia Group

☆ Stock spinoffs are one of the hottest trades going this year. How to participate
▼ + stars: | 2024-05-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Other opportunities for investors to participate in spinoffs will be coming soon. If a company spins off a company in a different sector, the new stock tends to outperform because it's likely undervalued. Winners and upcoming beneficiaries Roth MKM also recently highlighted spinoff stocks' outperformance over the past year. GE Vernova is one of its current favorite spinoff stocks — which the company said to "buy buy buy." Industrial company Esab , a Swedish-American company that makes welding and cutting equipment, is another spinoff beneficiary, according to Roth MKM.

Persons: Morgan Stanley, Todd Castagno, Wolfe, Roth MKM, Roth, Esab, Sylvamo, JC O'Hara, Baxter, Edwards Lifesciences, Edwards, — CNBC's Michael Bloom Organizations: General Electric, GE Vernova, Wolfe Research, Baxter International, Unilever Locations: Swedish, American, Enovis, Memphis, Latin America, Veralto

☆ Income investors hate dividend cuts, but here's why they could provide an attractive opportunity in some cases
▼ + stars: | 2024-03-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Dividend stocks usually take a hit when they decrease their payouts, but investors may not want to count some of them out, according to Morgan Stanley. While many companies instituted large dividend decreases, there are several that announced dividend cuts of 30% or less. Shares of Annaly are up 1% in 2024, and the dividend yield is 13.3%. That's about a 20% quarter-over-quarter decrease, per Morgan Stanley. Shares are up 10% this year, and they offer a dividend yield of 0.4%.

Persons: Morgan Stanley, Todd Castagno, Castango, Russell, David Finkelstein, Raul Jacob Ruisanchez Organizations: Annaly Capital Management, Southern Locations: Southern

☆ These dividend-growing stocks are ripe for the picking in 2024, Morgan Stanley says
▼ + stars: | 2024-01-10 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Dividend-growing stocks offer investors the ultimate of benefits: the prospect of rising income and stock price appreciation, Morgan Stanley found. Tech isn't usually associated with dividend income, but some semiconductor-related stocks made it to Morgan Stanley's list. Broadcom , an artificial intelligence beneficiary whose shares are up 88% in the past year, was also highlighted on Morgan Stanley's list of dividend ideas. Finally, Mondelez International , maker of Sour Patch Kids candy and Oreo cookies, made it to Morgan Stanley's list of dividend growers. Other names that made Morgan Stanley's list of companies that have raised their dividends include Accenture , Microsoft , Marathon Petroleum and D.R.

Persons: Morgan Stanley, Todd Castagno, Castagno, Morgan Stanley's, Lam, Atif Malik, Morgan, Goldman Sachs, Morgan Stanley's Pamela Kaufman, Mondelez Organizations: Federal Reserve, Equity, Tech, Lam Research, FactSet, Citi, Broadcom, Mondelez, Accenture, Microsoft, Marathon Petroleum Locations: U.S, Horton

☆ Beware these stocks hedge funds are crowding into, Morgan Stanley says
▼ + stars: | 2023-11-29 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

As the market rallies, investors need to be careful they don't step into overcrowded trades, according to Morgan Stanley. However, Morgan Stanley warned hedge funds are crowding into certain names, raising the possibility of volatile moves in the near term. The bank screened for stocks hedge funds are partial toward the most within the Russell 1000 index, based off regulatory filings. Specifically, Morgan Stanley looked for companies with the highest percentage of their float being owned by the largest hedge funds based on assets under management. LYFT YTD mountain Lyft stock YTD

Persons: Morgan Stanley, Todd Castagno, Russell, Avis, Lyft, Morgan, Uber Organizations: Avis

☆ Stock spinoffs beat the market by 10%. Here are some recent ones to buy
▼ + stars: | 2023-07-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Investors looking for some outperformance may want to check out stocks that are spun off from their parent companies, according to Morgan Stanley. Two years after completion, spinoffs outperformed the market by an average of 10.2%, the investment bank found. Parent companies, on the other hand, underperformed by 8%. "Spinoffs present investors with a unique opportunity to capitalize on unlocked and potentially underappreciated value," analyst Todd Castagno wrote in a note Monday. One of the biggest spinoffs in the past year was GE Healthcare Technologies , which split from General Electric in December.

Persons: Morgan Stanley, Todd Castagno, — Michael Bloom Organizations: BorgWarner, New York Stock Exchange, Nasdaq, GE Healthcare Technologies, General Electric, GE Health Locations: LabCorp

☆ Buy these stocks with fortress balance sheets to win in the slowing economy, Morgan Stanley says
▼ + stars: | 2023-04-10 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Companies with strong balance sheets have a downside cushion and can find unique opportunities during a slowing economy, according to Morgan Stanley. Corporations with high amounts of cash on their balance sheets can take advantage of a slowing economy by buying back their stock or acquiring businesses at discounted prices, said Morgan Stanley strategist Todd Castagno. "We've identified companies with strong balance sheets and sufficient liquidity, that also generate excess returns over their cost of capital," Castagno said in a note to clients. Investors have been increasingly focused on the strength of corporate balance sheets amid rising concerns that the Federal Reserve's series of interest rate hikes could tip the U.S. economy into a slowdown or recession. Castagno screened the Russell 1000 , except for financials, real estate and utilities, to find companies with fortress-like balance sheets.

☆ Stocks that hike their dividends outperform the next six months. Here are a few
▼ + stars: | 2023-04-05 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Companies that raise their dividends do more than offer higher income for investors — their stocks also outperform over the next six months, according to Morgan Stanley. Investors are seeking better-yielding dividend stocks as they navigate a higher interest rate environment. In a review of relative price returns, excluding dividends, among Russell 1000 constituents, companies that increased their dividends saw their stocks rise an average of 3.9% in the six months following the announcement, the firm said. On the other hand, companies that cut their dividends underperformed even more sharply, down 9.6% six months after an announcement. Given this, Morgan Stanley found some firms that recently raised their dividends by at least 10%.

☆ Morgan Stanley sees these names rebounding after heavy tax-loss selling at the end of 2022
▼ + stars: | 2023-01-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to Morgan Stanley. In fact, Morgan Stanley fielded more inquiries on tax-loss selling strategies in 2022 than in any other year, analyst Todd Castagno wrote in a note Friday. Morgan Stanley looked for those popular stocks that have derated but may be repurchased once the tax loss is realized. Plug Power has the most upside to Morgan Stanley's price target — a whopping 288%. Morgan Stanley named the solar energy company a top pick after the Inflation Reduction Act was signed into law in August.

☆ These companies are flush with cash if a recession hits. Consider buying these 10 fortress stocks
▼ + stars: | 2022-11-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Because of this, Morgan Stanley compiled a list of fortress stocks that could situate and protect investors' portfolios for a pending recession. It offers a cash-to-enterprise value of 11.3%, with free cash flows expected to grow just 1.6% next year, before jumping to nearly 31% the year after. The company's free cash flows are forecasted to grow 20.9% next year and 11.1% the following year. Multiple semiconductor names were included in the screen, including Qualcomm , which offers cash as a percentage of enterprise value of 4.3%. The company is expected to grow free cash flows by 64% next year, but that's forecasted to slow to just 17.4% the following year.

☆ These favored stocks are down by more than 20% and are poised to pop soon, says Morgan Stanley
▼ + stars: | 2022-11-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Morgan Stanley highlighted stocks that may be good contenders that are "ripe for repurchase" after investors have realized their tax losses. Morgan Stanley's Brian Nowak cut his price target on Alphabet last month to $125 from $135. Meanwhile, Disney , which whiffed on Wall Street's expectations for top and bottom lines , is also on Morgan Stanley's list. Advanced Micro Devices also caught Morgan Stanley's attention. Shares have taken a beating in 2022, toppling over by 47%, but Morgan Stanley remains positive.

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