© Reuters. Morgan Stanley Names 10 Underappreciated Post-Covid Stocks
Morgan Stanley strategist Michelle Weaver listed 10 stocks, widely perceived as only ‘COVID Beneficiaries’, that she believes have strong post-pandemic prospects the market underestimates.
“We continue to gain a clearer picture of what the steady state “Life After COVID” environment will be. As this is happening, our analysts have observed that some stocks have underperformed in recent months amid market fears these companies only did well amidst the COVID pandemic… We believe this disconnect has left many of them at a meaningful discount to intrinsic value.”
10 underappreciated long-term post-COVID stories are: Bath & Body Work (NYSE:), Dick’s Sporting Goods (NYSE:), Five Below (NASDAQ:), New York Times (NYSE:), Nike (NYSE:), On Running (NYSE:), Simon Property (), Sonos (NASDAQ:), Wingstop (NASDAQ:), and Zoom Video (NASDAQ:).
By Senad Karaahmetovic
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