Lending support to his choice, the bank, on Tuesday, reported second-quarter adjusted earnings of $6.14 per share, topping the consensus estimate of $5.79. Managed revenue rose to $58.02 billion, ahead of analysts’ expectations of $50.20 billion.Rob Sechan, CEO of NewEdge Wealth, picked Morgan Stanley (NYSE:MS) ahead of quarterly earnings.Wall Street expects Morgan Stanley to post quarterly earnings of $2.94 per share on revenue of $19.64 billion before the opening bell today.Don’t forget to check out our premarket coverage hereBrian Belski, founder, CEO & chief investment officer at Humilis Investment Strategies, recommended Invesco Ltd. (NYSE:IVZ), a financial stock.Invesco will release its second quarter results on Tuesday, July 28. Analysts expect the company to report quarterly earnings at 65 cents per share on revenue of $1.33 billion.Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked NVIDIA Corporation (NASDAQ:NVDA).Nvidia shares closed higher on Tuesday after reports suggesting that the U.S. government-approved shipments of its H200 chips to China have started.Price Action:
JPMorgan shares rose 2.5% to close at $342.89 on Tuesday.
Morgan Stanley shares gained 3% to settle at $227.67 during the session.
