Market Overview

11 Stocks With Near-Term Catalysts

Share:
11 Stocks With Near-Term Catalysts
Related AMZN
Analyst: What To Watch For In Amazon's Q4 Report
Earnings Preview: Dow Components General Electric And Caterpillar Take The Stage This Week
Google starts selling audiobooks to take on Amazon (Seeking Alpha)
Related BAC
What Might Move The Markets Today? Earnings News, Davos World Economic Forum?
The Big Bank Q4 Earnings Roundup: Tax Charges Drag Bottom Lines
Bank Of America: Approaching Fair Value (Seeking Alpha)

In a new report, a team of 12 Morgan Stanley analysts discuss 11 U.S-listed stocks that they believe have catalysts on the way in the next 15-60 days. For many of the stocks, quarterly earnings will serve as the catalysts, but other stocks could be on the move for different reasons.

1. Amazon.com, Inc. (NASDAQ: AMZN) - Bullish

Morgan Stanley believes that the market is undervaluing Amazon’s e-commerce business and sees a beat coming when the company reports earnings on Thursday.

2. Bank of America Corp (NYSE: BAC) - Bullish

Morgan Stanley smells another earnings beat coming at Bank of America due to net interest income gains and effective expense management during Q2.

3. Biogen Inc (NASDAQ: BIIB) - Bullish

For Biogen, the potential near-term positive catalyst for the stock is the data that will be presented on BIIB037/Aducanumab at AAIC later this month.

4. The Carlyle Group LP (NASDAQ: CG) - Bullish

Earnings are once again in-focus when it comes to the Carlyle Group, and Morgan Stanley is calling for a beat due to strong monetization activity during the quarter.

5. Caterpillar Inc (NYSE: CAT) - Bullish

Morgan Stanley is calling for a 6 percent earnings beat by Caterpillar on the strength of improving construction margins.

6. Las Vegas Sands Corp. (NYSE: LVS) - Bearish

Morgan Stanley is calling for a 6 percent miss by Sands based on lower-than-consensus Macau EBITDA estimates.

7. MSCI Inc (NYSE: MSCI) - Bullish

Morgan Stanley believes that MSCI’s Q2 earnings beat will be accompanies by the announcement of a $200 million buyback program.

8. Myriad Genetics, Inc. (NASDAQ: MYGN) - Bearish

Morgan Stanley predicts that new CEO Mark Capone’s first fiscal year guidance announcement coming in August will fall short of what the company had previously targeted.

9. Parker-Hannifin Corporation (NYSE: PH) - Bearish

Guidance is again the key when it comes to Parker-Hannifin, and Morgan Stanley believes that the company’s fiscal 2016 outlook coming in early August will disappoint the market.

10. Rockwell Automation (NYSE: ROK) - Bullish

Morgan Stanley is calling for a material earnings beat for the company when it reports on July 29.

11. XPO Logistics Inc (NYSE: XPO) - Bullish

The critical part of XPO’s earnings report coming on August 5 will be the company’s long-term guidance, which Morgan Stanley predicts will be a positive catalyst for the stock.

Disclosure: the author owns shares of Bank of America and holds a short position in Amazon.

Latest Ratings for AMZN

DateFirmActionFromTo
Jan 2018Loop CapitalMaintainsBuyBuy
Jan 2018CitigroupMaintainsBuyBuy
Dec 2017Evercore ISI GroupInitiates Coverage OnOutperform

View More Analyst Ratings for AMZN
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Top Stories Analyst Ratings Trading Ideas Best of Benzinga

 

Related Articles (AMZN + BAC)

View Comments and Join the Discussion!