As we approach the end of 2023, Morgan Stanley experts have some ideas for investors looking ahead. Despite some uncertainties right now, they believe there is a chance for companies to rebound in 2024. Let’s take a look at their top three stock picks for next year.
1. Delta Airlines (DAL): Flying high in a challenging sky
Delta Airlines, a big player in the world of air travel, is attracting the attention of experts. They have a solid reputation and people like to fly with them. Although the airline industry faces challenges such as rising fuel costs, Delta is finding ways to make things work.
A Morgan Stanley expert believes Delta could make a lot of money in the coming years. They expect Delta to earn over $7 per share in 2024 and maybe even $10 per share by 2027. That’s a big deal!
Despite the tough times, Delta recently shared some good news in its latest report. They made more money than people expected. This is especially impressive because many thought they would struggle. The Morgan Stanley expert believes Delta stock could rise a lot from where it is now.
2. Keysight Technologies (KEYS) – Behind-the-scenes technical support
Next up is Keysight Technologies. They are like the technical support of other technology companies. Keysight makes tools and instruments that help ensure our electronic devices work properly. From phones to cars, they have it all covered.
Although its stock price is down a bit this year, there is hope. In their most recent report, they did better than people thought. They made more money than expected and that is always good news. The Morgan Stanley expert believes that the future looks bright for Keysight and that its shares could rise sharply.
3. Natera (NTRA): small tests, big impact
Last but not least, we have Natera, a company that does interesting things in the world of healthcare. They are like DNA detectives, helping doctors understand what is happening in our bodies. Natera tests are like health detectives that can discover if we have certain diseases or conditions.
Natera has been doing well lately. In their last report, they made more money than people thought. The Morgan Stanley expert really likes what Natera does, especially with its cancer testing and helping with organ transplants. They believe Natera stock could rise quite a bit over the next year.
There you have it: Morgan Stanley’s top picks for 2024. These companies are doing interesting things, and experts think they could be a good investment. Remember, investing always involves some risks, but these picks are worth keeping an eye on!
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