Two major Wall Street banks are broadcasting their involvement in SpaceX's coming IPO. Goldman Sachs and Morgan Stanley decorated their lobbies with SpaceX gear and logos.
KMI's fee-based pipeline network and expanding project backlog continue to support steady cash flows, dividend growth and long-term shareholder returns.
All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in.
JP Morgan Chase preferred shares ([JPM.PR.M], [JPM.PR.K], [JPM.PR.L], [JPM.PR.J]) offer an above ~6% qualified yield, trading at significant discounts to par in the current interest-rate environment. JPM's preferreds provide compelling risk-reward, supported by a robust capital structure—preferred capital is ~1/17th of common equity and covered ~60x by earnings. These perpetual, fixed-rate, non-cumulative preferreds present both income and potential capital appreciation if rates decline, with nominal call risk at current discounted levels.
JP Morgan has concluded that consensus earnings estimates for ASML Holding NV (NASDAQ:ASML, XETRA:ASME), the Dutch semiconductor equipment maker that holds a global monopoly on extreme ultraviolet (EUV) lithography machines used to manufacture advanced chips, are materially too low and require significant upgrades for 2027 and 2028. The bank's reassessment follows a shift in ASML's own messaging, which has moved from guiding cautiously on unit volumes to signalling that its manufacturing capacity is more flexible than previously communicated.
Morgan Stanley has more than doubled its price target on Micron (NASDAQ: MU) on Wednesday, June 3, raising it from $520 to $1,050 and keeping an ‘Overweight' rating on the shares.
KMI could gain from rising U.S. LNG exports and data-center power needs, with gas demand projected to climb 27% by 2031.
KMI looks undervalued vs industry as take-or-pay contracts, LNG-linked volumes and a $10.1B backlog support a brighter gas outlook.
The S&P 500 Index is having a strong performance this year as it continues to reach new all-time highs each day. It soared to a record high of $7,580 last week, up by 20% from its lowest point this year, meaning that it is now in a bull market.
Kinder Morgan (NYSE:KMI | KMI Price Prediction) and Williams Companies (NYSE:WMB) just closed the books on record 2025 results, and both pipeline operators are pointing the same firehose of capital at LNG exports and data center power demand.
Supported primarily by solid first-quarter 2026 results, shares of Morgan Stanley MS have gained 13.2% so far this year, outperforming the S&P 500 Index's 9.7% growth and the industry's 2.2% decline. In the March-ended quarter, MS benefited mainly from robust client engagement and strength in investment banking (IB) and trading activities.
Morgan Stanley is upgraded to a 'Buy', driven by robust top-line growth, margin recovery, and strong competitive positioning. Morgan Stanley demonstrates proven revenue growth, positive client inflows, and benefits from M&A and resilient equity markets, supporting its diversified business model. Despite signs of overvaluation and modest 7% upside forecasts, its A-level credit ratings, strong liquidity, and low payout ratio reinforce its quality profile.