Morgan Stanley Fund Manager Advises Investors To Diversify Amid Big Tech Frenzy: Here Are 2 Stocks He Recommends
Portfolio Pulse from Benzinga Neuro
Morgan Stanley's Aaron Dunn advises investors to diversify beyond major tech stocks, recommending BJ's Wholesale Club Holdings Inc (NYSE:BJ) and Thermo Fisher Scientific (NYSE:TMO) for their strong financials and growth potential.
June 10, 2024 | 8:54 am
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Aaron Dunn from Morgan Stanley recommends BJ's Wholesale Club for its strong balance sheet, high returns on capital, and robust free cash flows. The company's digital footprint and potential for store expansion make it a solid investment.
Dunn's recommendation is based on BJ's strong financial metrics and growth potential, which are likely to attract investor interest and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Aaron Dunn from Morgan Stanley recommends Thermo Fisher Scientific for its leadership in healthcare services and biotechnology, diversified portfolio, strong M&A growth strategy, and high recurring revenue.
Dunn's recommendation is based on Thermo Fisher's strong market position and growth strategy, which are likely to attract investor interest and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100