AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) is set to deliver a solid finish to 2025 when it reports fourth-quarter results next month, according to JP Morgan, which expects earnings to come in modestly ahead of market expectations and guidance for 2026 to underpin confidence in the growth outlook. The US bank forecasts fourth-quarter revenues of $15.5 billion, representing 2% growth at constant exchange rates and about 1% ahead of consensus forecasts.
As the calendar turns to 2026, the leading Wall Street firms are releasing their top stock picks for the new year.
Morgan Stanley Direct Lending Fund (MSDL) remains a sell as persistent NAV deterioration and thin dividend coverage signal elevated risk. MSDL trades at a 16.85% discount to NAV, reflecting portfolio headwinds rather than a value opportunity. Net investment income barely covers the 11.8% yield, with rising non-accruals and limited new investment activity constraining growth.
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Kinder Morgan (KMI) has provided financial guidance for 2026, offering investors insight into how rising natural gas demand is driving growth for the midstream sector. The energy infrastructure company expects to generate nearly $8.7 billion in adjusted EBITDA for 2026, a 4% increase over its 2025 guidance.
J.P. Morgan Asset Management has launched its first tokenized money market fund, My OnChain Net Yield Fund (MONY), which is now available on the public Ethereum blockchain.
A fresh Fed rate cut lifts optimism as Morgan Stanley stands to gain from rising deal-making and a stronger near-term investment banking backdrop.
All the major Wall Street firms we cover here at 24/7 Wall St. have a list of top stock picks for their institutional and retail clients to invest in.
KMI projects 2026 gains with higher EBITDA, rising EPS and a dividend boost, underscoring its steady contract-backed midstream model.
Tesla's downgrade and shrinking EV share spotlight the value of diversification as EV ETFs like KARS offer broader, steadier exposure amid market shifts.
Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder believes that we are at an 'inflection point' for real estate heading into 2026, indicating that sellers are more motivated, buyers more interested, and debt markets are 'wide open,' which could help lead a transition into a recovery period. She joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to examine the state of the US real estate market.
The next 12 months promise to be “choppy” for Tesla, according to MS analyst Percoco who advises seeking a better entry point to the stock.