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☆ Goldman says these types of dividend stocks are the best to own in wake of big Meta payout news
▼ + stars: | 2024-02-12 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

For investors, that suggests opportunity in certain dividend stocks, Kostin wrote. Since late 2022, Goldman Sachs' Dividend Yield and Growth basket (GSTHDIVG), a 50-stock, equal-weighted basket of stocks with high trailing dividend yield and high anticipated dividend growth, has outperformed the equal-weighted S & P 500 by 3 percentage points. As of October, here are some of the stocks in the firm's dividend yield and growth basket. Verizon Communications Communication services stock Verizon Communications is a constituent in the dividend growth basket. Other stocks in Goldman's dividend growth basket include Best Buy , Conagra Brands and Devon Energy .

Persons: Goldman Sachs, David J, Meta, Kostin, That's, Greenlight Capital's David Einhorn, Morgan Stanley, Simon Flannery, — CNBC's Michael Bloom Organizations: Facebook, Bank of America, Federal Reserve, Verizon Communications Communication, Verizon Communications, Verizon, Conagra Brands, Devon Energy Locations: Viatris

"Patience should be rewarded," Morgan Stanley said about T-Mobile shares. Analyst Simon Flannery maintained his overweight rating on shares, while increasing his price target by $1 to $178. The company offers investors low leverage, strong FCF generation, a recurring revenue model, network leadership, growing market share and reasonable valuations," Flannery wrote in a Thursday note. Flannery noted temporary headwinds from wholesale traffic off-loading by DISH and Verizon are temporary headwinds to T-Mobile shares. The company's ability to outperform the sector may become harder as it gains more market share, he added.

Persons: Morgan Stanley, Simon Flannery, Flannery, Michael Bloom Organizations: Mobile, Iridium, Verizon

☆ Morgan Stanley's guide for tech investors playing the end of this bear market — and the start of the next bull
▼ + stars: | 2023-03-07 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Tech (and media and telecom) investors should start preparing their buy lists now ahead of a bear market low, Morgan Stanley said. Given this, the strategist offered an investment guide for the period before, during and after the stock market trough. Netflix was among the names Morgan Stanley recommended for the period prior to the market bottom. Meanwhile, after the bear market low, Morgan Stanley said cyclicals, lower quality and value names have the most "impressive outperformance." Meanwhile, for investors trading through the trough and into the bull market, names such as Salesforce and Microsoft are buying opportunities, Morgan Stanley said.

☆ Morgan Stanley upgrades Verizon, cites favorable risk-reward outlook after stock's underperformance
▼ + stars: | 2022-12-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The risk-reward outlook for Verizon 's stock looks favorable after underperforming its telecom peers this year, according to Morgan Stanley. In a separate note to clients, he downgraded shares of AT & T to equal weight from overweight, citing the stock's strong performance in 2022. "Following significant underperformance in '22, VZ trades at a historically attractive valuation on an absolute and relative basis," Flannery wrote. Limited exposure to areas like pay TV should also enable Verizon to defend itself in a slowdown, he added. Meanwhile, AT & T's outperformance this year, and slowing growth in 2023, create a more balanced risk-reward for the stock going forward, according to Morgan Stanley.

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