Morgan Stanley recommends stocks following strong earnings reports
cnbc.com —
Morgan Stanley has identified several stocks to buy following strong earnings reports. Notable picks include Robinhood, Toast, Cummins, and Seagate Technology, which analysts believe have potential for growth. Robinhood's recent earnings beat has increased confidence in its growth strategy, with expectations for new product launches and opportunities in crypto. Shares have risen 210% in the past year. Toast has been named a top pick after a solid earnings report, with analysts highlighting its growth potential in new markets. Cummins also received positive remarks for its strong performance and outlook. Seagate remains a favorite due to confidence in the sustainability of the hard disk drive market.