Morgan Stanley just posted its list of "Vintage Values" shares on 2022 year, highly rated naming group, which have a history of market crushing.
- Vintage Values Collects the Best Fundamental and Quantitative Research Data from Morgan Stanley to Find Stocks, which is worth owning for 12 Months.
Technology companies have become growth leaders in 2021 YearTechnology companies became growth leaders in 2021 year
This is the 12th year., when Morgan Stanley publishes a list, and history shows, that it has a high yield. Since August 2020 to August 2021 year "Vintage Values" grew by more than 44%, ahead of index S&P 500 more than 9%.
"The list has a bias towards high-quality stocks",-Morgan Stanley's note to clients said.
"It's also cheaper., than the market average, by P/E, price-to-sales ratio and several price-to-cash flow ratios".
Besides, the beta stock group has a lower beta 1, which means, that per day, when index S&P 500 will fall on 1%, these stocks will fall less.
Wall Street firm says, что рост веб-сайтов Google, probably, will recover this year, and she thinks, that "there are several undervalued products, based on mobile search, YouTube's significant contribution and continued innovation, such as monetization of cards", – analyst Brian Novak told clients.
Tech Giants
Besides, analyst Keith Weiss said, that there are strong positions in the adoption of public cloud, what should benefit microsoft over the next time 12 Months.
Morgan Stanley set Microsoft's target price in the amount of $305 per share. Payment giant Visa returns to the list of "Vintage Values" after returning almost 14% for the latest 12 Months.
- Morgan Stanley set target price for Visa $282 per share.
Beverage company Coca-Cola and food giant Mondelez took places on the list this year.
"The impact of COVID has led to a significant decline in organic sales on 9% in 2020 year, but we predict a recovery to ~14.5% organic growth in 2021 year and ~8% in 2022 a year with a recovery from COVID away from home",-Said Mohsenyan.
Oreo manufacturer Mondelez is Morgan Stanley's best choice in food. The company increased sales due to openness in emerging markets, focusing on local brands, investment in the supply chain and recovery from Covid.
Apollo Global Management $APO, Gilead Sciences , Synchrony Financial UnitedHealth and Warner Music Group $WMG are also on Morgan Stanley's "Vintage Values" list at 2022 year.
