KMI stock surged 45.4% in a year, fueled by stable cash flows, long-term gas contracts, and a rising earnings outlook for 2025.
MS shares gain 11.2% in 3 months as wealth and asset management drive more than half its revenue stream.
MSDL trades at a discount to NAV yet boasts a highly defensive, diversified, first-lien debt portfolio focused on non-cyclical industries. Despite a recent dip in net investment income due to lower rates and expired fee waivers, portfolio quality and credit remain strong with minimal non-accruals. I maintain a 'buy' rating, expecting double-digit total returns as MSDL remains resilient amid market volatility and benefits from improving deal flow.
Downgrading MSDL to hold, due to declining earnings, weak dividend coverage, and rising PIK interest income, signaling potential portfolio quality concerns. MSDL's discount to NAV has widened, reflecting increased market skepticism and risk, despite a high yield of 10.3% and low non-accrual rates. Q1 earnings were disappointing, with the lowest net investment income in a year and sluggish new investment activity, raising doubts about future growth.
MS plans to exit U.S. options market-making, as faster and tech-driven trading firms reshape the space.
Pop Mart's Hong Kong-listed shares dropped more than 5%, extending their slide from the previous session when they had slumped 5.3%. The high-flying stock is on track for its first negative week since early May — down more than 13%.
Wealth management and asset flows keep growing steadily, despite market volatility. Cost discipline and a strong capital position boost earnings and flexibility. The market still undervalues Morgan Stanley's new business mix.
Kinder Morgan has solid dividend growth prospects for investors concerned about income stability. The midstream platform continues to prioritize its balance sheet deleveraging and grows its core natural gas business. Natural gas demand, driven by Data Centers and U.S. energy needs, underpins Kinder Morgan's strong outlook and risk profile.
Do we now know why Elon Musk has pulled back on the salty rhetoric aimed at his former boss, Donald Trump? Perhaps.
I reiterate my buy rating for Kinder Morgan, as recent revenue growth and capital projects support a positive long-term outlook despite short-term headwinds. Oil prices are currently compressed, but I expect a rebound driven by continued U.S. Strategic Petroleum Reserve refilling and low U.S. crude inventories. KMI's capital expansion project and recent Bakken acquisition position the company well to benefit if/when energy demand and pricing begin to improve.
Over the past month, shares of Morgan Stanley MS, a leading global investment bank, have risen 10.5%. The stock has outperformed the S&P 500 index, the Zacks Finance sector and the industry.
Joseph Moore, Morgan Stanley analyst, joins 'Money Movers' to discuss Nvidia post-earnings and his outlook for the stock.