The US stock market is at a record high.
Morgan Stanley's US equity strategy team...
We're in the midst of earnings season, a period...
Regarding a potential decline in S&P 500...
Like most humans, Wall Street analysts start...
"We head into 2015 bullish for the 3rd straight year."
Almost every corporate profit margin chart...
Professional stock market strategists and...
The S&P 500 is up a whopping 200% from its...
Morgan Stanley's chief U.S. equity...
The S&P 500 isn't driven uniformly by 500...
The S&P 500 surged and set a new all-time...
The most basic measure of stock market value is the price-earnings multiple. To calculate it, you take the price and then divide it by the earnings, which is arguably the most important driver of stock prices. Over long-run, this market multiple has a tendency to revert to its mean. But […]
Stocks have soared a staggering 26% this year, far outpacing earnings growth. And when stock returns outpace earnings growth, then the price-earnings (PE) multiple is expanding. “Year to date, 75% of the S&P return has come from its PE expanding to 16.5x from 13.7x trailing EPS at 2012 end,” wrote […]
Morgan Stanley chief U.S. equity strategist Adam Parker is out with his stock market call for the year ahead: the S&P 500 is going to 2014 in 2014. Parker’s target is 11.5% above where the index sits today at 1805, and is driven by the bank’s forecast for “6% operating […]
The stock market closed at a fresh all-time high today. And some investors are understandably nervous about what’s next. For the most part, the experts aren’t recommending dumping stocks. However, at least four of Wall Street’s top strategists have reduced their bullish positions to something much more neutral. “U.S. equities […]
It’s the last day of September, which means Q3 is wrapping up and earnings season will heat up in just a few weeks. Analysts expect S&P 500 companies to report 5% year-over-year earnings growth. Morgan Stanley’s Adam Parker expects companies to report estimate-beating revenues, but earnings that fall short of […]
Year after year, Wall Street’s stock market strategists are proven to be too optimist in their forecasts for earnings growth. “Since 1976, the median year-over-year growth forecast in January for the full year ahead is 14%, but expectations on average decline throughout the year to closer to the 5% average […]
Adam Parker, Morgan Stanley’s chief U.S. equity strategist, is sounding bullish in his latest note to clients. “Looking 12 months forward, we are introducing a base case S&P500 price target of 1840, implying roughly 12% upside from here,” he wrote. “Why? For one thing, markets can work while estimates are […]
The "early reporters" gave us a preview.
The game has changed.
A ratio you don't see every day.
And yet, stocks are at all-time highs.
High beta, cyclicals, and small caps have been lagging in this up market.
The good things about Kobe Bryant.
[credit provider=”CNBC” url=”http://video.cnbc.com/gallery/?video=3000139093″] Adam Parker, Morgan Stanley’s top U.S. equity strategist, has been on the more bearish end of Wall Street when it comes to forecasting what stocks will do.
[credit provider=”Bloomberg TV”] When Tom Lee speaks, people make fun.Lee, the top equity strategist at JP Morgan, has earned a reputation for being a perma-bull (i.e. someone who spends way more time being bullish than bearish).
Outsourcing measures that have allowed American corporations to scale back on labour costs over the past several years may be set for a big “surprise” slowdown, according to a new report from Morgan Stanley.
[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/76918634/”] Morgan Stanley chief U.S. equity strategist has a big report assessing the impact of QE on the stock market today.In a note to clients this morning entitled QE3 – More Is Required, Parker argues that “QE3 will likely be insufficient to significantly boost equity markets and we wouldn’t be […]
Morgan Stanley’s Adam Parker has been sticking to his guns by reiterating his call for the S&P 500 to end the year at 1,167.
[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/76918634/”] The U.S. stock market has undergone a major shift over the past few weeks. Previously, defensive stocks led a cautious rally, and everyone was waiting to see whether investors would start pouring money into the riskier cyclical stocks as well to confirm that the rally was on.That […]
Adam Parker, Morgan Stanley’s Chief U.S. Equity Strategist, has maintained a year-end price target of 1,167 for the S&P 500 all year. And he has been getting a lot of criticism for his bearish call.
You’ve probably heard how negative companies are right now as one after another has slashed forward earnings guidance throughout this earnings season, preparing for a tougher second half of the year.
[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/76918634/”] Adam Parker, Morgan Stanley’s Chief U.S. Equity Strategist, is starting to sound frustrated with how the stock market has been behaving. Since the beginning of the year, Parker’s year-end target for the S&P 500 has been 1,167.”The S&P 500 is within 3.5% of its all-time high (in […]
Wall Street’s top equity strategists have been pushing “corporate cash return strategies” as the best way to play the stock market. These are strategies where companies return cash to shareholders in the forms of buybacks and dividends. Deutsche Bank’s David Bianco recently wrote a massive report on how share buybacks […]
Adam Parker and his team of strategists from Morgan Stanley just came out with a note on the 13 reasons why the consensus 2013 EPS estimates are way off.
[credit provider=”Bloomberg” url=”http://www.bloomberg.com/video/76918634/”] Morgan Stanley’s Adam Parker is the most bearish strategist on Wall Street with year end target of 1,167 for the S&P 500. In his latest research note, which was sent to clients this week, Parker pours cold water on the S&P 500’s recent breach of the 1,400 level […]