As the market digests the banking crisis, Morgan Stanley is a buy. But investors should sit tight on Wells Fargo
After the collapse of Silicon Valley Bank, financial stocks are under pressure as the market assesses the fallout and impact on other lenders.
Financial stocks are being under pressure following the collapse of Silicon Valley Bank. The market is evaluating the continuing fallout and the impact on regional lenders. We remain confident in our bank holdings, and consider Morgan Stanley (MS), which has fallen around 8% in the last three trading sessions, a buy.