Forget about exchanging stocks within a matter of days or months. Morgan Stanley has gone out with a new note recommending 30 firms that you should hold until 2018.
That\’s not saying you should then sell them in 2018, it\’s to state that Morgan Stanley believes these businesses are poised to do well over the next three years. This is what Morgan Stanley said in the note:
“30 for 2018 identifies our best long-term picks based on sustainability and quality of business model…Our driving principle was to create a list of companies whose business models and market positions could be increasingly differentiated.”