Morgan Stanley’s stock (NYSE: MS) gained over 30% year-to-date. This compares to rival Goldman Sachs stock, which has seen its stock gain over 40% year-to-date. So what are some of the trends driving MS stock higher?

Morgan Stanley said Nvidia stock is its top pick heading into 2025, and success of Blackwell should dispel investors' lingering concerns.

Moore expects Nvidia (NASDAQ:NVDA) to continue gaining share with its Blackwell chip in 2025 owing to its strong product cycle. The analyst expects the stock to trade upwards of $150. The race to $150 a share is more than assured as the chip giant remains a key supplier of graphic processing units and artificial intelligence technologies.

Wall Street is expecting another positive year for the stock market in 2025 — but there's one investment strategy traders should follow, as the outlook for stocks is more mixed than it appears, according to Morgan Stanley's top stock strategist.

The firm pointed out that the lack of broad participation among stocks, which began to deteriorate at the start of December, coincided with a rise in 10-year U.S. Treasury yields above a critical 4.5% threshold. This increase in yields has historically acted as a headwind for stocks, flipping the correlation with equity multiples to negative.

Investment bank Morgan Stanley on Friday issued a bullish report on artificial intelligence chipmakers, calling Nvidia stock a top pick for 2025.