MORGAN STANLEY: 5 stocks that are in for a nasty surprise
Every quarter, as companies announce how they did over the past three months, stock analysts compare the announced results with their predictions.
If a company performs worse than predicted, it's not good news.
Morgan Stanley has a team of analysts making these types of predictions, and it released a list of the companies it feels will disappoint the most this earnings season.
The stocks listed below all have the chance for a near-term event, or catalyst, that will negatively affect the company.
"For each of these stocks, our analyst has high conviction in a view that diverges from the Street's, and expects a near-term event to drive the stock as the market's view moves closer to ours," Morgan Stanley wrote in the note to clients.
So if they are right, you might want to stay away from the following companies.
- India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant
- Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low
- Gold prices today: Yellow metal climbs Rs 230 while silver jumps Rs 700
- Indegene IPO: Company details to risk factors, all you need to know
- Indegene IPO subscribed 1.67 times on Day 1 of offer