Morgan Stanley recommends buying several stocks, including Nvidia, ahead of the earnings season.

Morgan Stanley recommends buying a number of stocks including Nvidia ahead of the earnings season.

Despite the earnings season winding down, there are still many overweights to buy. Morgan Stanley is especially bullish on the following stocks:

Nvidia: Despite the recent deterioration in market sentiment, the business remains strong on a short-term basis, supply visibility is improving, and customer demand is robust. Given the higher likelihood of an upward revision in recent days, Nvidia should trade at a premium.

EQT: The stock pullback created an attractive entry point, and the current valuation is more attractive. Buy on dips. LNG is a bigger growth driver recently.

Arista Networks: The company has consistently beaten expectations by ~300-400bps over the past 3-4 years, while last quarter's performance is unlikely to change the status quo, there are underappreciated opportunities in the data center space, and the networking segment is expected to gradually improve this year.

Tuya Smart: Despite the significant rise in the stock price this year, there is still a lot of room to run. The strong revenue growth momentum is likely to continue, driven by strong overseas IoT demand and Tuya Smart's market share growth. The current fundamental mismatch with the stock price still leaves a lot of room for catch-up.