Top 5 Stock Picks of Mika Toikka’s AlphaCrest Capital

In this article we will be taking a look at top 5 stock picks of Mika Toikka’s AlphaCrest Capital. To read our detailed analysis, you can go directly to see Top 10 Stock Picks of Mika Toikka’s AlphaCrest Capital.

5. Morgan Stanley (NYSE:MS)

AlphaCrest Capital’s Stake Value: $13.224 million

Number of Hedge Fund Holders: 61

Morgan Stanley (NYSE:MS) is one of those companies which needs no introduction, as the name is synonymous with prestige banking. Currently, Morgan Stanley (NYSE:MS) has been in the news regarding its attempt to purchase American Financial Systems.

In its Q3 2021 investor letter, Artisan Partners discussed Morgan Stanley (NYSE:MS). Here is what it said:

“Morgan Stanley, a leading global financial services company, came into the portfolio in late 2020 as a result of its purchase of E*TRADE. The acquisition is a great fit for Morgan Stanley’s wealth management platform and provides a considerable amount of non-interest-bearing deposit funding. James Gorman, chairman and CEO, has steadily de-risked the business by adding less volatile fee streams to complement its leading positions in cyclical businesses such as advisory, equities and FICC (fixed income, currencies and commodities). We believe the company will prove its resiliency and value over the long term.”