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Morgan Stanley has high conviction these stocks will be higher over the next 15 to 60 days

A man stands at the window of an office at a Capital One bank in New York City.

Johannes Eisele | AFP | Getty Images

Morgan Stanley has a list of stocks its analysts believe will outperform the market in the next few weeks as the companies report what’s expected to be strong first-quarter earnings results.

“Our analysts believe that one or more imminent events will drive the share price materially over the next 15-60 days,” Morgan Stanley’s team of analysts wrote. “For each of these stocks, our analyst has high conviction in a view that diverges from the Street’s, and expects a near-term event to drive the stock as the market’s view moves closer to ours.”

The firm’s Chief U.S. Equity Strategist Mike Wilson predicts a 24.4% jump in earnings for the first quarter as a growing number of American firms recover from pandemic shutdowns that began one year ago.

Source: Cnbc

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