Morgan Stanley is Falling After a Favorable Earnings Day, But the Stock is Still a BUY: 3 Reasons Why

By |2024-01-16T17:17:25+00:00January 16th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Morgan Stanley (MS) reported its fiscal 4th quarter earnings today before the market opened, and despite beating revenue forecasts, the stock is down more than 3% Tuesday morning. Revenue of $12.9 billion was a 1.2% improvement year over year, beating the FactSet consensus of $11.93 billion handsomely. Key segments in this performance were investment [...]