Microsoft overlooked and ready to pop; Meta crowded and ready to drop

News Snapshot:

Microsoft (MSFT) is due for a pop, while Meta Platforms (META) is due for a drop. That's the conclusion of a new Morgan Stanley research report, which makes us feel really good about where we stand on both Club stocks. Each quarter, Morgan Stanley looks at under-owned stocks and over-owned stocks — basically which ones are overlooked and ready for a hot streak and which ones are crowded and ready to cool off. At the end of the third quarter, Microsoft became the most under-owned large-cap technology stock, according to analysts, dethroning fellow Club name Apple (AAPL). As if on...