Morgan Stanley Adjusts US All Cap Growth Portfolio

Morgan Stanley made adjustments to its US All Cap Growth Portfolio on Friday, adding two stocks and removing two others.

Added Stocks

• DoorDash (NASDAQ:DASH):

  • The leading food delivery company in the U.S., with ~60% market share.
  • Analysts appreciate its three-sided network connecting customers, merchants, and delivery contractors, contributing to growth potential.
  • Rated Overweight with a target price of $150, offering approximately 6% upside from current levels.

• GE Vernova LLC (NYSE:GEV):

  • Leader in electric power generation equipment with a 40% market share.
  • Analysts cite increasing global electricity needs and compelling valuation.
  • Rated Overweight with a target price of $256.

Removed Stocks

• Adobe (NASDAQ:ADBE):

  • Position trimmed to diversify software exposure and shift to higher-growth stocks. Despite underperformance, a favorable view is maintained on Adobe.

• UnitedHealth Group (NYSE:UNH):

  • Removed due to weaker benchmark weighting and slower growth prospects. Despite a 55% return since the last increase in 2021, analysts see better opportunities in faster-growing sectors.

Overall, Morgan Stanley is reallocating resources towards stocks with higher growth potential while still acknowledging the strengths of the removed companies.