Top 50 Global Tech Stocks: The Ones You Care Most About…Plus a Few More
Morgan Stanley's Global Technology Research Team presents its views on the most actively traded global tech stocks + focuses on key investment controversies / trends – There’s one simple tool to measure investor interest – trading volume. The 40 most actively traded tech stocks account for an impressive 64% of YTD global trading volume of the 990 tech stocks we track. We also highlight ten stocks that, while not on the volume leader list, our analysts believe have the po-tential to rise in the rankings. We refer to the group of companies as the "Top 50 Global Tech Stocks."
We position these stocks within 8 Global Tech Trends that should drive revenue and wealth crea-tion over the next five years – 1) Digital Consumer, 2) Mobile Internet, 3) Emerging Markets, 4) Cloud Com-puting, 5) Next-Generation Data Center, 6) Storage, 7) Wireline Investment, and 8) CleanTech. While measuring the impact of economic slowdowns remains our top near-term focus, and we present our downside financial / valuation thoughts, we continue to believe these secular tech trends will continue to push forward and help drive stock outperformance for market leaders over time. Our fundamental view is that companies that lead and inno-vate through difficult times have the highest potential to win big over the next five years. We believe the 12 companies highlighted in the “Top 50 Global Tech Stocks” table could be the biggest trend drivers / benefi-ciaries over the next 2+ years.
The most important / prevalent trends are Digital Consumer, Mobile Internet, and Emerging Markets – 37 of the 50 companies in this report are tied to growth in digital consumer, 34 to mobile Internet, 30 to emerging markets. In addition, 13 are trend setters in storage, 11 in the next-generation data center, 11 in cloud computing, 8 in cleantech, and 6 in wireline investing.
Report:
Top 50 Global Tech Stocks: The Ones You Care Most About…Plus a Few More (267 Pages)
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