With recent M&A activity and a growing commodities desk, is Morgan Stanley the new Goldman?
In 2007, Morgan Stanley posted record sales in its commodity trading desk, explains Dylan Ratigan.
Take a look at the following:
Morgan Stanley On The Move
- Lead Adviser on 3 Hostile Deals the Last 2 Weeks
(Microsoft/Yahoo, Electronic Arts/ Take-Two, United Tech/Diebold)
- Reopening Debt Markets (CMBS, CLO, Auction Rate)
- No. 3 in Global M&A
Source: Morgan Stanley
I think Morgan will be very impressive going forward, says Pete Najarian. In addition I expect them to get heavily involved with China.
The other traders agree, Morgan is worth a look.
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Trader disclosure: On Apr .7, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (YHOO), (MSFT); Pete Najarian Owns (AAPL), (NOK), (YHOO), (NVS), (XLF); Pete Najarian Owns (AA) Calls, (CHK) Calls, (MSFT) Calls, (BHI) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (CROX); Finerman's Firm Owns (FLS), (MSFT), (YHOO); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM)