Advertisement
UK markets open in 1 hour 46 minutes
  • NIKKEI 225

    38,064.66
    +436.18 (+1.16%)
     
  • HANG SENG

    17,626.75
    +342.21 (+1.98%)
     
  • CRUDE OIL

    83.89
    +0.32 (+0.38%)
     
  • GOLD FUTURES

    2,348.10
    +5.60 (+0.24%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,309.55
    -7.72 (-0.02%)
     
  • CMC Crypto 200

    1,386.55
    +3.98 (+0.29%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

Is Morgan Stanley a Buy?

Is Morgan Stanley a Buy?

Morgan Stanley (NYSE: MS) made a big splash in mid-February when it announced plans to buy E*Trade (NASDAQ: ETFC) for $13 billion. Morgan Stanley got no significant stock bump from the news of the acquisition or a strong fourth quarter as the COVID-19 pandemic hit the broader market hard shortly after the Feb. 20 announcement. In the long run, the E*Trade deal should be good for Morgan Stanley.