Facebook's CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California.
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Facebook's stock is poised to rise after it announces earnings next week, according to Morgan Stanley.
In a note to clients on Wednesday, the bank's analysts picked seven stocks to have a positive near-term catalyst and 11 to have a negative near-term catalyst. The social media giant is one of the stocks Morgan Stanley is most bullish about heading into earnings, with the bank projecting a beat on revenue and a key earnings measure.
An earnings-fueled bump would continue a recent strong run by the stock, which rose by more than 50% last year.
