Morgan Stanley Is Firing On All Cylinders, Maintain Buy

Core Insights - Morgan Stanley's shares have performed well over the past year, with a gain of approximately 23% [1] - The company's emphasis on recurring revenue and wealth management has resulted in stable earnings and reduced exposure to recent credit concerns [1] Company Performance - The stock has shown a solid performance, gaining about 23% over the last year [1] - The focus on wealth management has contributed to durable earnings for the company [1] Risk Exposure - Morgan Stanley has less exposure to recent credit fears due to its business model [1]