Morgan Stanley adjusts its US Model Portfolio
) due to its cyclical leverage to improving order rates in transportation end markets and potential secular tailwinds from power generation demand due to advancements in artificial intelligence .
⚠️Track your favorite companies with InvestingPro! CLICK HERE to take advantage and accelerate your investments!⚠️ Morgan Stanley is removing QUALCOMM Inc from its portfolio as they believe the company's valuation effectively prices the underlying improvement in cyclical end markets and Edge AI opportunity. Since its addition to the portfolio in March 2021, QCOM has gained 83%, outperforming the S&P 500 benchmark which was up by 46% over the same period.
These changes reflect Morgan Stanley's ongoing efforts to provide optimal returns for their clients, adjusting their strategies based on market trends and company performance. They highlight the importance of maintaining a well-balanced portfolio that is responsive to both cyclical and secular market trends.
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