Morgan Stanley Picks GEV, UAL, LRCX Ahead of Earnings Releases

According to Morgan Stanley, the investment bank identified three stocks expected to post earnings surprises over the coming two weeks: GE Vernova (GEV), United Airlines (UAL), and Lam Research (LRCX).

GE Vernova reports earnings on July 22, benefiting from surging data center power demand and reshoring trends. The company's gas turbine orders are already fully booked through 2030, the CEO confirmed. United Airlines reported earnings today that beat market expectations, with seven consecutive price increases absorbed by consumers without demand destruction; the stock has risen over 20% in three months. Lam Research, reporting July 29, has surged over 100% year-to-date but faces near-term headwinds over AI infrastructure spending sustainability. Morgan Stanley views the pullback as a buying opportunity, citing sustained AI chip demand and token prices.