Morgan Stanley's Long-Term Financial Targets Make the Stock a Buy
Morgan Stanley (NYSE: MS) had a phenomenal year in 2021, with its stock price rising about 43%. The investment bank and wealth manager achieved its internal guidance, and in many cases exceeded it. Morgan Stanley also closed on its acquisitions of E*Trade and Eaton Vance around the beginning of the year and further integrated them into the company, executing its strategy of building a business that generates more durable and sustainable earnings.