Morgan Stanley Outlook: Why MS Stock Is Set to Shine in 2024

With U.S. equities set to perform very well in 2024, many more companies are likely to sell additional stock in themselves to the public. Meanwhile, the number of initial public offerings should also jump. Since Morgan Stanley (NYSE:MS) generates a great deal of its revenue from underwriting such deals, MS stock should get a big lift from these developments. Additionally, interest rates are poised to drop in 2024, causing bonds to climb and benefiting Morgan Stanley’s fixed income business. The improved rat ...