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☆ Monthly Meeting Q&A with Jim Cramer: Everything from health care to industrials to portfolio management
▼ + stars: | 2024-01-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +13 min

(Luca) Jim Cramer: I am getting over the pain of Morgan Stanley but not the simmering anger. Jeff Marks: A general rule of thumb is look for a pullback of about 3% to 5% to put some on. Jeff Marks: You should do what you are comfortable with but a general rule of thumb is five to ten. (Austin) Jim Cramer: We made a nice sale in CAT, sold half of the position. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Brian, Jim Cramer, Eaton, There's, Jim, Morgan Stanley, gravitating, Goldman Sachs, Ted Pick, Luca, Eli Lilly, Jenny, I'm, We've, Palo, Dan, I've, Max, Carly Garner, CTRA, We're, we'd, Ford, Estee Lauder, Kimberly, didn't, –, Mike, that's, Austin, it's, Jim Umpleby, Bill, Jason Robins, Jason, DraftKings, They're, Sandy, WYNN Organizations: Investing Club, Abbott Laboratories, Wealth Management, Disney, Fed, Palo Alto Networks, Microsoft, Nvidia, Nasdaq, Club, Energy, Ford, Bronco, CME Fed, Caterpillar, China, Wynn Resorts, DuPont, CNBC Locations: IPOs, New York City, Palo Alto, China, California, Texas, Macao

☆ New Morgan Stanley CEO is 'super bullish' on hitting financial targets
▼ + stars: | 2024-01-18 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Morgan Stanley 's new CEO, Ted Pick, on Thursday expressed confidence his bank will hit financial targets of $10 trillion in client assets and a 20% return. Pick, a three-decade Morgan Stanley veteran who took over this month, said he has three priorities: sticking to the strategy laid out by predecessor James Gorman, maintaining the bank's culture and achieving their targets. Pick's predecessor guided Morgan Stanley in the aftermath of the 2008 financial crisis that nearly capsized the investment bank. "Part of the reason the boss had so much success is he kind of guided the place to a durable narrative instead of the herky-jerky, unpredictable Morgan Stanley," Pick said. The firm's "secret sauce" is in the combination of a leading investment bank with its wealth management operations, he added.

Persons: Morgan Stanley, Ted Pick, James Gorman, Pick, Gorman, Morgan, Goldman Sachs Organizations: CNBC, Economic, Federal Reserve, CNBC PRO Locations: Davos, Switzerland, U.S

☆ Here are stocks overlooked and ready for a hot streak and crowded trades ready to cool off
▼ + stars: | 2023-11-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

That's the conclusion of a new Morgan Stanley research report, which makes us feel really good about where we stand on both Club stocks. Each quarter, Morgan Stanley looks at under-owned stocks and over-owned stocks — basically which ones are overlooked and ready for a hot streak and which ones are crowded and ready to cool off. However, Morgan Stanley said Meta kept its most over-owned crown — and coincidently, its shares closed lower. To be sure, Morgan Stanley maintained an overweight rating on Apple shares. META YTD mountain Meta Platforms (META) year-to-date performance Conversely, Morgan Stanley said Meta's average active institutional ownership increased by 18 basis points quarter-over-quarter.

Persons: Morgan Stanley, We're, Meta, Morgan Stanley's, Microsoft's, We're bullish, Mark Zuckerberg's, Jim Cramer's, Jim Cramer, Jim, Justin Tallis Organizations: Microsoft, Meta, Morgan, Apple, DOJ, Nvidia, Oracle, Broadcom, CNBC, Getty Locations: China

☆ Holiday spending isn't expected to rise this year. We still like our retail setup
▼ + stars: | 2023-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The bad news: Consumers aren't expected to spend more this holiday season. With spending in line with last year, this holiday shopping season becomes a market share story — a zero-sum game. Foot Locker (FL) has issues outside of the holiday season such as an inventory glut, an overreliance on Nike (NKE) and the need to shut down unprofitable stores. We see no reason to change our 4 rating on both stocks ahead of the holiday season. Bottom line We are in a good position to benefit from how discretionary dollars will be spent this holiday season.

Persons: Morgan Stanley, Locker, Estee Lauder, Foot, Jim Cramer's, Jim Cramer, Jim, Christopher Dilts Organizations: Shoppers, Target, Walmart, Costco, Nike, TJX Companies, CNBC, Bloomberg, Getty Images Bloomberg, Getty Locations: Chicago , Illinois

☆ Ted Pick Is a Math Whiz Among Math Whizzes. He’s the New Morgan Stanley CEO
▼ + stars: | 2023-10-26 | by ( Annamaria Andriotis | ) www.wsj.com time to read: 1 min

A group of Morgan Stanley executives attending a post-workday dinner in London were ready to call it a night. Ted Pick wanted to play a game. The veteran banker, who had organized the outing, challenged his colleagues to beat him at math equations. They began throwing out six-figure numbers to be multiplied by other large numbers. He even beat one executive who was using a calculator.

Persons: Morgan Stanley, Ted Pick, Pick Locations: London

☆ Ted Pick Is a Math Whiz Among Math Whizzes. He’s the New Morgan Stanley CEO.
▼ + stars: | 2023-10-26 | by ( Annamaria Andriotis | ) www.wsj.com time to read: 1 min

Persons: Morgan Stanley, Ted Pick, Pick Locations: London

☆ CNBC Daily Open: Shiny Meta
▼ + stars: | 2023-10-26 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

(Photo by Spencer Platt/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But in its third-quarter earnings report, Meta revealed its Reality Labs unit, which develops metaverse-related technologies, recorded a $3.74 billion operating loss. IBM beatsIBM shares rose 1% in extended trading after the technology conglomerate announced third-quarter results that exceeded Wall Street estimates. New Morgan Stanley CEOMorgan Stanley said Ted Pick will succeed James Gorman as CEO at the start of 2024.

Persons: Stocks, Spencer Platt, Rosy Meta Meta, Meta, Mattel, Max, New Morgan Stanley, Morgan Stanley, Ted Pick, James Gorman Organizations: NEW, New York Stock Exchange, Labor Department, Getty, CNBC, Treasury, Nasdaq, Dow Jones, Rosy Meta, Facebook, Labs, IBM, Wall, Boeing, New Locations: New York City

☆ Retail media will be a $130 billion industry next year, and adtech firms Criteo and The Trade Desk will win big, according to Morgan Stanley
▼ + stars: | 2023-04-06 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Retail media will make $130 billion globally by 2025, according to a new Morgan Stanley report. Criteo and The Trade Desk stand to benefit the most, according to the report. They have opportunity to grab the most share of the retail media market, compared to other indie adtech players. However, this push to expand offsite is a big challenge, and there's no guarantee The Trade Desk can seize this market. To be sure, neither Criteo nor The Trade Desk are positioned to be the dominant player in retail media.

Amex has launched a variant of their popular Blue Cash Preferred exclusively for Morgan Stanley customers. Only Morgan Stanley customers and eligible E*TRADE clients qualify for the Morgan Stanley Blue Cash Preferred® American Express Card. Amex OffersThe Morgan Stanley Blue Cash Preferred® American Express Card gives you access to an excellent money-saving credit card benefit: Amex Offers. Bottom lineThe Morgan Stanley Blue Cash Preferred® American Express Card is available to new applicants who are either Morgan Stanley customers or eligible E*TRADE clients. But if you qualify, the Morgan Stanley Blue Cash Preferred® American Express Card does offer more benefits than its older sibling.

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