Top 3 Promising stocks to watch - MS ABBV ROK

 1. Morgan Stanley (MS)

MS

Morgan Stanley showed a rapid recovery and returns in sales during the 3Q 2020 earnings announcement. We are a multinational investment banking and financial services company operating in asset management and investment management businesses. The performance of the Wealth Management business has recently exceeded expectations. The Wealth Management business unit has sales of more than $4.6 billion, accounting for about 40% of our total sales, and the Investment Management unit accounting for about 9%. Revenues from both business segments are more stable than the highly volatile investment banking business, and continued growth in investment management is expected to lead to higher valuations. During the pandemic, our business has benefited as companies raise funds from the capital markets to compensate for the weakened balance sheet during the recession.

MS stock price

2. AbbVie (ABBV)

ABBV

As a biopharmaceutical company, Abbvie is best known for its'Humira', a drug that treats diseases including arthritis, and is also known for its history of remarkable dividend increases. We have increased our dividend by a total of 195% from our founding in 2013 to the latest dividend announcement in September 2020. The recent market dividend yield is around 5%, making it far more attractive than bonds for investors seeking dividend returns. In addition to returning money to shareholders in the form of regularly increasing dividends, it should be noted that AbbVie's business drive toward environmentally friendly goals. Environmental, social and corporate governance (ESG) issues should be taken into account that are more important to investors in recent years.

ABBV stock price

3. Rockwell Automation (ROK)

ROK

Rockwell Automation is a company focused on industrial automation that can benefit from the growing number of U.S. companies seeking to repatriate manufacturing after the U.S.-China trade war and supply chain disruptions due to pandemic containment. We can help businesses that are sensitive to labor wages that increase when manufacturing returns to the United States. As a leader in smart manufacturing, Rockwell Automation develops intelligent software and machines that can reduce costs, increase flexibility and meet stringent quality standards by automating sophisticated manufacturing processes.

ROK stock price