MORGAN STANLEY: Internet companies could be stuck 'in the penalty box' for a while — here are the corners of tech we'd rather own
Reuters/Nick Didlick
- Large internet companies like Facebook and Alphabet are under scrutiny for how their users' data is handled.
- Morgan Stanley's equity strategists are among those cautious on internet stocks.
- Instead, they're recommending two subsectors that aren't facing the same turmoil.
Tech companies have taken a beating in the stock market of late, but Morgan Stanley's equity strategists are cautioning about lumping them together.
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