CNBC Investing Club

We're buying the dip on Morgan Stanley as the market sells off

A person enters Morgan Stanley headquarters in New York, on Thursday, July 12, 2018.
Bess Adler | Bloomberg | Getty Images

(This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.)

After you receive this post, we will be buying 50 shares of Morgan Stanley (MS) at roughly $94.92. Following the trade, the Charitable Trust will own 925 shares of Morgan Stanley. This buy will increase Morgan Stanley's weight in the portfolio from about 2.04% to 2.15%.

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