Argus Research
Morgan Stanley stock undervalued: Seeking AlphaPosted by RJ and Makay on Oct 04, 2011 |
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Fears of a Eurozone debt default have pressured world stock markets for months, particularly stocks that are perceived to have large exposure to European debt. This type of news-driven selling can provide buying opportunities for patient, value driven investors, according to Seeking Alpha, which has identified Morgan Stanley as a stock that has great upside potential once Eurozone hysteria settles down.
Executives at Standard & Poors 500 companies are buying back their company stock at a pace not seen since the latter part of the financial crisis in 2009. Sixty-six insiders at 50 companies bought shares between August 3 and August 9, the most since the five days ended March 9, 2009, when the S&P 500 sunk to a 12-year low, according to data compiled by Bloomberg.
