In a new report, a team of 12 Morgan Stanley analysts discuss 11 U.S-listed stocks that they believe have catalysts on the way in the next 15-60 days. For many of the stocks, quarterly earnings will serve as the catalysts, but other stocks could be on the move for different reasons.
1. Amazon.com, Inc. AMZN 2.72% – Bullish
Morgan Stanley believes that the market is undervaluing Amazon’s e-commerce business and sees a beat coming when the company reports earnings on Thursday.
2. Bank of America Corp BAC 1.92% – Bullish
Morgan Stanley smells another earnings beat coming at Bank of America due to net interest income gains and effective expense management during Q2.
3. Biogen Inc BIIB 0.77% – Bullish
For Biogen, the potential near-term positive catalyst for the stock is the data that will be presented on BIIB037/Aducanumab at AAIC later this month.
4. The Carlyle Group LP CG 1.42% – Bullish
Earnings are…
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