MORGAN STANLEY: Here Are The 15 Best Stocks For The Next 12 Months

Morgan Stanley analysts published their annual "Vintage Values 2015" report highlighting what they considered to be the best stocks for the next 12 months.

"We selected stocks with over $1 billion in market cap that look likely to realize superior risk-adjusted returns between now and July 2015," they wrote

Their research reflects consideration of anticipated events over the next year, and how these events will impact the selected stocks.

Additionally, they note that their Vintage Values portfolio is "biased toward high quality, growth, and large market cap" and trades at a higher P/E valution than the S&P 500.