Earnings season will reveal which companies will suffer a top line decline, Morgan Stanley says.
At first glance, lower inflation seems like a boon for market watchers worried about a recession.
While investors curse higher inflation, companies have come to see it as a blessing.
He anticipates that disinflation will dig away at sales this earnings season, and is prepared for disappointment.
The results are the 11 stocks below that Wilson believes will have strong FCF yields and healthy operating margins through the earnings season.
Persons:
Morgan Stanley, Kamakshya Trivedi, Goldman Sachs, They've, Mike Wilson, Wilson, Wilson isn't
Organizations:
FX, Federal Reserve