Is Morgan Stanley a Good Value Stock?
CEO James Gorman certainly thinks so after some recent moves to diversify the bank's business.
Principal business is creating, marketing and managing investment companies (open-end and closed-end funds) and providing investment management and counseling services to high-net-worth individuals and institutions.
CEO James Gorman certainly thinks so after some recent moves to diversify the bank's business.
Shares of the investment manager soared after it was acquired by Morgan Stanley.
Morgan Stanley is no longer just an investment bank. Executives are hoping investors see this and rerate the company's stock valuation.
The deal will help boost the impact of Morgan Stanley's investment management division and help diversify revenues from the investment bank division.
Even Wall Street is excited about Wall Street's prospects.
The asset manager is being swallowed up, with shareholders getting a nice premium from an industry giant.
EV earnings call for the period ending June 30, 2020.
EV earnings call for the period ending April 30, 2020.
EV earnings call for the period ending December 30, 2019.
EV earnings call for the period ending October 31, 2019.