(Bloomberg) -- Investors should buy Russian stocks
such as OAO Mobile TeleSystems because the equity market has
dropped to a level that's ``more appropriate given high
political and corporate-governance risk,'' Morgan Stanley said.
Strategists led by Jonathan Garner, London-based head of
global emerging-markets strategy, raised their recommendation on
Russian stocks to ``equal weight'' from ``underweight,'' which
means that investors should hold the country's shares in line
with the country's weighting in international indexes.
Read more at Bloomberg Stocks News
such as OAO Mobile TeleSystems because the equity market has
dropped to a level that's ``more appropriate given high
political and corporate-governance risk,'' Morgan Stanley said.
Strategists led by Jonathan Garner, London-based head of
global emerging-markets strategy, raised their recommendation on
Russian stocks to ``equal weight'' from ``underweight,'' which
means that investors should hold the country's shares in line
with the country's weighting in international indexes.
Read more at Bloomberg Stocks News
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