Here are 14 companies that will benefit from the upswing, according to Morgan Stanley.
Advertisement"This holiday season is likely to see stronger spending than last," Morgan Stanley strategists led by Michelle Weaver wrote in a November 13 note, citing sentiment from her firm's economists.
Morgan StanleyHowever, that's not to say that all companies will equally enjoy that surge in holiday spending.
AdvertisementIn the note, Weaver and her team outlined 16 companies with significant exposure to holiday spending, though only 14 of those stocks have bullish ratings from Morgan Stanley analysts.
Each is accompanied by its ticker, market capitalization, price-to-earnings (P/E) ratio, industry, and commentary about that industry from Morgan Stanley.
Persons:
Morgan Stanley, Michelle Weaver, Morgan Stanley Holiday, Rich, Weaver, they'd, Morgan, haven't, that's
Organizations:
National Retail Federation, Black