The rise in the index has raised some concerns over valuations, but Morgan Stanley's Andrew Slimmon has a more positive take on the recent market moves.
Microsoft In the tech sector, Slimmon named Microsoft as his choice to play the AI boom.
This gives it around 16.3% potential upside.
The average price target for Ameriprise is $418.03, according to FactSet data, giving it potential upside of around 5.1%.
This gives it around 4% upside potential.
Persons:
Morgan Stanley's Andrew Slimmon, CNBC's, Slimmon, Ameriprise Slimmon
Organizations:
Morgan Stanley Investment Management, Microsoft, Ameriprise, Apple, Meta, Nvidia, Tesla, New York Stock Exchange, Euronext, London Stock Exchange
Locations:
Dublin, Euronext Dublin, U.S