Morgan Stanley: Mega-Caps at Cheapest Levels in 25 Years

Sure good things come in small packages but according to Morgan Stanley, right now bigger may be better.

After researching our nation’s largest companies, the investment bank issued a bullish note on select mega-caps stocks.

Specifically they like Bank of America , JP Morgan, Microsoft, Apple and Philip Morris International , according to a Barron's report.

First and foremost Morgan Stanley sees these stocks as a value play, trading at their cheapest levels in 25 years. And in addition, they also think investors are largely underestimating growth rates and total return.




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Trader disclosure: On May 10, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Weiss owns (VZ); Weiss owns (QCOM); Weiss owns (DE); Weiss owns (INTC); Weiss owns (MSFT); Weiss owns (COP); Weiss owns (DVN); Weiss owns (HK); Weiss owns (SWC); Weiss owns (NIHD); Weiss owns (UUP); Weiss owns (TBT); Weiss is short (X); Weiss is short (AKS); Cortes owns (K); Cortes owns (KFT); Cortes owns (SO); Cortes owns (EXC); Cortes owns (TGT); Cortes is short Nasdaq Futures; Cortes is short EUR vs. USD and CHF; Cortes is short EEM vs. S&P long; Adami owns (AGU); Adami owns (C); Adami owns (GS); Adami owns (MSFT); Adami owns (NUE); Adami owns (BTU)

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