logo
welcome
Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Is The Allstate Corporation (NYSE:ALL) The Best Morgan Stanley Overweight & Quality Stock?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

82% Informative

The Allstate Corporation ( NYSE :ALL) ranks on Morgan Stanley’s Best Overweight & Quality Stocks : Top 25 Stocks.

We look at where the company ranks on the list of the top overweight and quality stocks.

The Federal Reserve's first interest rate cut was all that investors could hope for as it reduced rates by 50 basis points.

The Allstate Corporation ( NYSE :ALL) is the fourth biggest auto and homeowner insurance company in America in terms of market share.

Morgan Stanley is of the view that the economy has to continue to deliver on the data front if the stock market is to perform well.

Ariel Investments mentioned the insurance giant in its Q2 2024 investor letter.

The firm has been helped by milder weather and efforts to grow its customer base.