Jim Cramer on Morgan Stanley CEO: “Ted Pick Shooting the Lights Out Over There”

Group 1 - Morgan Stanley has been recognized for its strong performance in recent quarters, with CEO Ted Pick receiving praise for the company's results [1] - The company reported a solid earnings announcement, with all three divisions—institutional securities, wealth management, and investment management—exceeding expectations [1] - Morgan Stanley's wealth and investment management business is experiencing significant growth, with total client assets reaching $8.2 trillion, indicating a robust and sticky business model [1] Group 2 - The company's performance was somewhat overshadowed by Goldman Sachs, which reported on the same day, potentially affecting investor perception [1]