Morgan Stanley recently summoned some overweight rated stocks that may have room to run after quarterly earnings. Companies like Robinhood fired on all cylinders and are now worth buying, analysts at the company said. Other stocks include Toast, Cummins and Syment Technologies. Cummins analyst Angel Castillo is represented by shares of Cummins’ top Cummins after the company’s fourth-quarter earnings report. The analyst said the industrial engine company is in a good position and “another better than expected quarter.” Castillo also said Cummins has “enough runways to expand profit margins and create another year of beats and pay raises for topline growth.” Analysts added that Cummins’ engine segment and power generation prospects also have plenty of room for growth. “We think the guide is conservative and continue to see material upside from here,” Castillo said. Cummins shares have risen 36% over the past year. Robinhood in February, Robinhood reported stable earnings for the fourth quarter. Now Morgan Stanley doubles the trading platform’s stock. Analyst Michael Cyprys said he “has increased his beliefs on Hood’s growth path” after the quarterly report. In addition, Robinhood “provides greater clarity to the product roadmap and strategic plans for 2025,” he said. Cyprys also said that deregulation will provide companies with greater opportunities. He saw “the path to catalyzing wealth as Hood gained traction through new programs and launched new products.” Stocks have grown 210% over the past 12 months. Toast Morgan Stanley recently named the restaurant payments technology company in its fourth-quarter earnings report on February 19, a new top pick. “The strong execution capability aligned with broader opportunities relative to broader opportunities has produced a new, larger, better bull bul case,” wrote analyst Josh Baer. “In addition, the company said Toast had a long growth track in various areas including international expansion. “There is enough evidence that toast has made early progress in the new growth market to envision the future of the bullfight case, in which case toast has succeeded in its core U.S. SMB (small and medium-sized commercial) restaurant market. “In the past year, stocks have grown by about 70%. “While the entire growth carrier, momentum is intact and new bull cases are fully formed.” “Cummins” another better than expected quarter and guidance. While the market will continue to argue about the NA truck cycle, we believe the company’s outlook is conservative as the runways expand at a high rate and the growth of the highest line sets another year of beats and improves the year. Reiterated OW and Top Pick. …We think that the guide is conservative and continue to see the material periphery from here. Robinhood “On the back of the 4Q’s major earnings beat and conference call, we have raised our belief in Hood’s growth path, which provides greater clarity for the 2025 product roadmap and strategic plans. …As Hood is enriched with the appeal of new programs, catalyzing a rich path and launching new products. “Toast” is intact throughout the growth medium, a new bull case is fully formed. …Consistent, strong execution has produced a new, bigger, bigger, better bull market. …Toast In toast, early advancements are proposed in the newer growth market to enable the future of the bull market to succeed in its core SMB restaurant market as it remains “our core”, which is “our core living” K Drive) cycle and structurally stronger gross margins, which supports positive EPS revisions and multiple assessments… Recent industry and supply chain checks have given us confidence that HDD upgrades have a longevity as demand continues to outweigh supply and cloud spending remains stable.
Morgan Stanley’s top stocks have more room to run | Real Time Headlines
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