Silver offers a little more risk and reward than gold; Allidina expects it to outperform gold in 2013.
The report also favors soybeans and corn as demand for them is accelerating faster than supply.
However, the report warns commodities investors away from aluminum and sugar, two commodities that are acutely oversupplied at the moment.
We pulled the price targets and paraphrased the investment theses for 14 major commodities from Morgan Stanley's latest Commodity Manual.