Morgan Stanley's Caron Says This Is a Stock Pickers Market

Jim Caron of Morgan Stanley Investment Management said the market is still a stock pickers market, implying dispersion across names rather than a broad directional trade. He also stressed that diversification remains important, reinforcing a cautious, selective portfolio stance. The comments are general market commentary and are unlikely to move prices materially.

Analysis

Jim Caron of Morgan Stanley Investment Management said the market is still a stock pickers market, implying dispersion across names rather than a broad directional trade. He also stressed that diversification remains important, reinforcing a cautious, selective portfolio stance. The comments are general market commentary and are unlikely to move prices materially.