Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday morning following overnight gains on Wall Street as the earnings season rolls on.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
The deal could be announced as soon as next week, according to the report.Technologyread more
President Donald Trump held "constructive" discussions on a range of economic issues including trade and national security issues.Technologyread more
Morgan Stanley shared with its clients the firm's best current stock picks.
"The Alpha Almanac summarizes Morgan Stanley Research's Global Economics and Strategy macro forecasts and collects a list of Sector Research's high conviction, differentiated single
stock calls across the US, " equity strategist Michael Wilson said in a report Friday.
Here are four overweight-rated companies that made the Morgan Stanley's recommended list and their price targets.
1) Constellation Brands (STZ)
Morgan Stanley analyst Dara Mohsenian has a $262 price target for Constellation Brands shares, representing 17.5 percent upside to Thursday's close.
"STZ is our top pick in beverages, as our analyses (top down segment build, bottom up brand build distribution analysis) show the beer segment can grow at a 9-10% rate over the medium-term, well above the ~7% pace we estimate the market is pricing into valuation. Outsized topline growth is augmented by a structural margin story via a combination of building brewery productivity, price/mix benefits, and fixed cost leverage."