Morgan Stanley’s Latest Conviction Calls: 2 Stocks to Watch Closely

The broader market trend remains positive, with the S&P 500 up 16% and the NASDAQ gaining 22% so far in 2025. Despite mixed economic data competing for attention, third-quarter earnings appear to be the key driver behind recent market strength. With more than 90% of S&P 500 companies having reported, earnings have climbed 11.75%, supported by revenue growth of 8.2%. That’s a clear beat compared to the 8% profit increase FactSet had forecast before the season began. Morgan Stanley equity strategi