Jim Cramer praises Morgan Stanley as a top investment bank, despite being expensive

Morgan Stanley (NYSE: MS) has been highlighted by Jim Cramer as one of the 22 stocks worth considering, citing a recent 8.1% dividend hike and a $20 billion buyback program. Cramer views Morgan Stanley as a “tremendous” investment bank, despite being the most expensive at 3.1 times book value. The company offers capital raising, financial advisory, brokerage, and investment management services. While Morgan Stanley has potential, some believe that certain AI stocks may offer greater upside potential and less downside risk. For more information on undervalued AI stocks, refer to a free report on the best short-term AI stock.

Read more at Yahoo Finance: Jim Cramer Considers Morgan Stanley a “Tremendous” Investment Bank