Morgan Stanley cut its 2008 EPS estimate for the S&P 500.
Abhijit Chakrabortti, Morgan Stanley chief global equities strategist, explained his outlook to CNBC.
S&P 500 Stocks in the News:
AMD , Broadcom
(Story: Broadcom, AMD TV Deal)
(Story: Demand Lifts Freddie Shares)
(Story: Lehman Plunges on Korean Doubts)
Disclosure information was not available for Chakrabortti or his firm.