Morgan Stanley Names 10 April Surprise Stocks

Morgan Stanley identified ten U.S. and European stocks with highest earnings surprise potential for April, using its Earnings Surprise Composite.
Method blends analyst ratings, forecast landscape, earnings quality and forward signals, yielding Sharpe ratios of 1.06 (U.S.) and 0.92 (Europe) since 2024.
U.S. selections are Western Digital, Citigroup and RTX (overweight), with Apple, eBay, ConocoPhillips and Roblox also on the list.
European names include ArcelorMittal, Barclays, ASML, Nokia, Santander, ASM International and UPM‑Kymmene, all rated overweight.