'Big bargains': Morgan Stanley names 3 overlooked global tech stocks, giving one almost 100% upside

The investment bank names three 'overlooked' stocks that it says look cheap, giving one nearly 100% upside.

In Europe — much like in the U.S. — a few key stocks have been driving the market, especially earlier this year, according to Morgan Stanley . In late February, just five stocks were responsible for 60% of European stock market gains year-to-date, the bank said. But it believes that the performance will start to broaden out, as history indicates that small-cap stocks typically lead the market higher in the following six months.

high customer stickiness given the high switching costs, highly recurring revenue providing high visibility, the ability to put through annual price increases, healthy margins which should be boosted by operating leverage and price increases, and healthy generation," the analysts wrote. Morgan Stanley gave CompuGroup a price target of 37 euros, or 23% upside. W.A.G. Payment Solutions W.A.G.

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