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MORGAN STANLEY: 8 stocks that could pop 10% while helping solve global issues

Aug 26, 2024, 19:36 IST
REUTERS/Yuriko NakaoFrom electric vehicles to residential solar panels, sustainable trends are sweeping markets across the world.

Morgan Stanley has taken note, and picked 8 US stocks that are best prepared to solve global problems-and deliver a punchy return to shareholders while doing so.

"There are multiple sustainability mega trends that pose environmental and social challenges," the bank said in a note. "But the solutions can present financial opportunities for corporates and investors alike."

For its report, the bank focused on seven key areas: climate change, water scarcity, waste management, food availability, health & wellness, improving lives and demographics.

Here are the 8 US companies that Morgan Stanley says are best positioned to take advantage of these opportunities and have a price target more than 10% above the current share price.

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