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Emerging markets staples picks from Morgan Stanley

Published 03/12/2018, 12:46 PM
Updated 03/12/2018, 12:46 PM
© Reuters.  Emerging markets staples picks from Morgan Stanley
  • Morgan Stanley (NYSE:MS) picks five consumer staples stocks for emerging markets growth after conducting a survey in Tier 3 and Tier 4 cities in China.
  • The MS team expects consumption in lower-tier Chinese cities to triple to $6.9T from $2.3T in 2017 around 2030, an estimate that's higher than the original MS forecast for $5.5T.
  • The emerging markets picks from the investment firm based off the trends seen are Anheuser-Busch InBev (BUD +0.5%), Reckitt Benckiser (OTCPK:RBGLY, OTCPK:RBGPF), Philip Morris International (PM -0.8%), Colgate-Palmolive (CL -0.4%) and Danone (OTCQX:DANOY).
  • Now read: How Should Investors React To FDA Rejection Of iQOS?


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