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Search resuls for: "Giorgio Magagnotti"


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Morgan Stanley has named several buy-rated global stocks it expects to beat the market. "We expect Ozempic to drive a further upgrade to guidance before the 2Q results," the analysts wrote — the company reports on Aug. 10. Other drugmakers the bank is positive on are Grifols , where the bank expects a "solid performance," and Indivior , which is set for a "strong quarter," Morgan Stanley said. French materials manufacturer Saint-Gobain is also a Morgan Stanley pick, with the bank saying that consensus has not yet priced in its management's optimism on margins discussed at its annual general meeting last month. "While another positive beat ratio looks likely for 2Q23, a slowdown in global and European economic momentum suggests that the magnitude of the said beat will be closer to normal levels," they added.
Persons: Morgan Stanley, Giorgio Magagnotti Organizations: Novo Nordisk, Deutsche Telekom, . Energy Locations: Germany
Morgan Stanley predicted that European companies will beat market expectations for first-quarter earnings, citing the better-than-expected macro figures of the last few months. Strategists at the bank warned that these factors could lead to downgrades later in the year, alongside a 10% fall in full-year earnings per share. The table below shows five stocks highlighted by Morgan Stanley, where its analysts have a "high conviction" in results. The investment bank said Saint-Gobain isn't expected to beat market expectations when it reports first-quarter results on Apr. Morgan Stanley is also bullish toward London-listed Whitbread ahead of its full-year results on Apr.
Despite their underperformance in recent years, " quality" stocks have been persistent outperformers within European stock markets for decades, according to research from Morgan Stanley . The bank has revealed its "35 for 2025" list, featuring the bank's 35 best long-term picks in Europe. Notwithstanding recent price moves, quality stocks also look reasonably valued, with average relative valuations for the MSCI Europe Quality index below their 10-year average," Morgan Stanley's analysts, led by Giorgio Magagnotti, wrote in a note on Mar. British alcoholic beverage maker Diageo also makes an appearance, with Morgan Stanley confident of Diageo's ability to deliver "superior" growth. Within the semiconductor space, ASML is Morgan Stanley's top pick.
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