Looking for the ‘cheapest’ global stocks? Morgan Stanley says there are lots to choose from

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Analysts at Morgan Stanley have picked a slew of shares that look “low-cost” in contrast to their global friends — and plenty of have the potential to rise greater than 20%, in accordance to the financial institution.

Europe has outperformed the MSCI All Country World Index (ACWI) since February, the analysts mentioned, however relative valuations are nonetheless close to 10-year lows. Morgan Stanley expects the area to get an extra increase forward of the summer season as its financial system emerges from the pandemic.

Sectors corresponding to autos, well being and retail look “most cost-effective” compared to global friends, the financial institution mentioned in a be aware revealed Wednesday.

Here are 10 of the financial institution’s high picks, all with a possible upside of at the least 20%:



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