雅虎香港財經 Morgan Stanley’s Top 5 Stock Picks For 2023
In this piece, we will take a look at Morgan Stanley's top five stock picks for 2023. For more Morgan Stanley stocks, head on over to Morgan Stanley's Top 15 Stock Picks For 2023.
5. Palo Alto Networks (NASDAQ:PANW)
Share Price Upside: 34% Number of Hedge Fund Holders In Q4 2022: 85 Palo Alto Networks (NASDAQ:PANW) is a technology company that provides cybersecurity products. The firm is based in Santa Clara, California. Palo Alto Networks (NASDAQ:PANW) expanded its global presence in February 2023 as it announced that it is building cloud services infrastructure in Switzerland. Insider Monkey dug through 943 hedge fund portfolios for last year's fourth quarter and found out that 85 had bought the firm's shares.
4. Zoetis Inc. (NYSE:ZTS)
Share Price Upside: 39% Number of Hedge Fund Holders In Q4 2022: 58 Zoetis Inc. (NYSE:ZTS) is a healthcare company that focuses its efforts on making treatments for animals. The firm was previously a subsidiary of the pharmaceutical giant Pfizer. Zoetis Inc. (NYSE:ZTS)'s fourth quarter of 2022 results, revealed in February 2023 saw the firm report $2 billion in revenue and $461 million in net income, enabling it to beat analyst revenue estimates. By the end of last year's fourth quarter, 58 of the 943 hedge funds polled by Insider Monkey had invested in the company. Zoetis Inc. (NYSE:ZTS)'s largest investor is William Von Mueffling's Cantillon Capital Management which owns 1.8 million shares that are worth $266 million.
3. Amazon.com, Inc. (NASDAQ:AMZN)
Share Price Upside: 44% Number of Hedge Fund Holders In Q4 2022: 240 Amazon.com, Inc. (NASDAQ:AMZN) is an electronic commerce retailer enabling merchants to connect with retail customers, with other divisions as well such as cloud computing and satellite internet. Amazon.com, Inc. (NASDAQ:AMZN) is shifting its European network, as it is increasingly cutting ties with distributors to source directly from merchants instead. 240 of the 943 hedge funds part of Insider Monkey's Q4 2022 survey had bought its shares. Amazon.com, Inc. (NASDAQ:AMZN)'s largest shareholder is Ken Fisher's Fisher Asset Management which owns 50.5 million shares that are worth $4.2 billion.
2. Simon Property Group, Inc. (NYSE:SPG)
Share Price Upside: 50% Number of Hedge Fund Holders In Q4 2022: 33 Simon Property Group, Inc. (NYSE:SPG) is an American real estate company that invests in commercial properties such as malls and community centers. Simon Property Group, Inc. (NYSE:SPG) saw some concerning news surface in February 2023 when it was revealed that it has missed the maturity of a $295 million loan, with the firm refusing to comment on the situation. 33 of the 943 hedge funds polled by Insider Monkey for 2022's December quarter had bought the company's shares. Israel Englander's Millennium Management is Simon Property Group, Inc. (NYSE:SPG)'s largest investor with a $66 million stake courtesy of 569,619 shares.
1. Monster Beverage Corporation (NASDAQ:MNST)
Share Price Upside: 99% Number of Hedge Fund Holders In Q4 2022: 44 Monster Beverage Corporation (NASDAQ:MNST) is a non alcoholic beverages manufacturer. The firm sells juices, cocktails, energy drinks, and other products. Stifel kept a Buy rating for Monster Beverage Corporation (NASDAQ:MNST) in February 2023 and outlined that management troubles in Red Bull can benefit the firm. The firm's latest share price is $133, and 44 of the 943 hedge funds part of Insider Monkey's survey for last year's fourth quarter had bought its shares. Out of these, Monster Beverage Corporation (NASDAQ:MNST)'s largest investor is Neal C. Bradsher's Broadwood Capital which owns 4.6 million shares that are worth $472 million. Disclosure: None. You can also take a peek at 15 Best Cybersecurity Stocks To Buy and 10 Hot Healthcare Stocks To Buy Now. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. Follow Insider Monkey on Twitter
