Morgan Stanley's Q4 results have surpassed consensus expectations showcasing
robust growth across all business sectors. This surge in profit is backed by gains from deal-making and stock sales. The
record Q4 profit and revenue growth have placed both Morgan Stanley and Bank of America near
buy points post Q4. CEO of Morgan Stanley has promised prudent
dividend growth banking on one of the company's strongest financial years. Beating estimates, the company has registered massive growth in
equities and fixed income trading revenue. Moreover, the
stock price has reached an all-time high after better-than-expected earnings. Company insiders and external entities have shown positive trends by
increasing their stakes in Morgan Stanley. This surge in earnings has also been augmented by
equity revenue and IPO activity. The
volume of shares has subsequently increased following strong earnings. Analysts see a continued earning upside bolstered by a
solid capital position.
Morgan Stanley MS News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 18 Jan 2025 15:13:51 GMT -
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