Morgan Stanley Shares Soar 31.6% YTD: Is Now the Right Time to Buy?
Key Takeaways MS stock is up 31.6% YTD, helped by a rebound in global M&A activity after earlier lows.The firm is boosting wealth and asset management businesses, supported by major acquisitions and growth.MS benefits from strong Asia revenues, solid liquidity and active capital distribution plans.Morgan Stanley (MS) shares have surged 31.6% this year, outperforming the industry, the Zacks Finance sector and the S&P 500. While it fared better than its close peer, JPMorgan (JPM) , it lagged Goldman Sachs (GS ...