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Wall Street brokerages J.P. Morgan and Morgan Stanley see recent market weakness as a buying opportunity.
J.P. Morgan and Morgan Stanley view recent S&P 500 weakness as a buying opportunity.
KEY POINTS
- S&P 500 earnings growth estimates for Q1 2026 rose to 13.9% despite Middle East conflict.
- The valuation premium for the 'Magnificent Seven' stocks has narrowed sharply since the conflict.
- Morgan Stanley favors cyclical sectors and AI hyperscalers amid current market conditions.
- J.P. Morgan now prefers international equities over U.S. equities in its latest outlook.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →