Morgan Stanley’s 10 Best Fresh Money Stocks To Buy

The iconic Walt Disney Co (NYSE:DIS) was also on Morgan Stanley’s list of bullish recommendations. Analysts concluded that the company was well positioned to profit from the consumer transition to streaming services and internet-based video consumption, a trend that is on the rise globally. They were also expecting the company to grow its revenue from its TV networks, parks and films, and set a price target of $130 per share, for a 26% gain.

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When news of Morgan Stanley’s Fresh Money Buy List emerged, Walt Disney Co (NYSE:DIS) stock was already in a downtrend and has continued to inch lower. It found support at the $100 level and has been oscillating around this level for the past month. Having ended the Friday’s session at $101.15, Disney share are up by 2.7% since Michael Wilson’s appearance on CNBC. Investors are waiting for Walt Disney Co (NYSE:DIS) earnings report, which is due on May 8, after market close. Analysts have projected $1.69 in earnings per share and $14.08 billion in revenue.