Morgan Stanley’s Slimmon Says Buy Short-Term Pullback in Stocks

April 29, 2026, 11:00 AM UTC

Investors should brace for a US stocks pullback and be ready to pounce when fear peaks as a powerful earnings backdrop collides with mounting risks, according to Morgan Stanley Investment Management’s Andrew Slimmon.

While equities slipped Tuesday after a report that OpenAI missed internal sales targets raised fresh concerns about artificial intelligence spending, the S&P 500 Index is still on track for its best month in more than five years. His call comes at a critical juncture, with some of Wall Street’s largest technology companies, including Alphabet Inc., Amazon.com Inc. and Microsoft Corp., set to report results ...

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