MORGAN STANLEY: 8 stocks that could pop 10% while helping solve global issues

rooftop solar

From electric vehicles to residential solar panels, sustainable trends are sweeping markets across the world.

Morgan Stanley has taken note, and picked 8 US stocks that are best prepared to solve global problems—and deliver a punchy return to shareholders while doing so.

"There are multiple sustainability mega trends that pose environmental and social challenges," the bank said in a note. "But the solutions can present financial opportunities for corporates and investors alike."

For its report, the bank focused on seven key areas: climate change, water scarcity, waste management, food availability, health & wellness, improving lives and demographics.

Here are the 8 US companies that Morgan Stanley says are best positioned to take advantage of these opportunities and have a price target more than 10% above the current share price.

Sunrun Inc

Sunrun is the largest maker of solar panels in the United States and is involved with every aspect of residential installation, from design and installation to financing, insurance and maintenance.

Morgan Stanley says the company is better prepared to face the challenges in the tricky sector because of its purely residential focus.

Morgan Stanley price target: $8

Get the latest stock price here.

Daqo New Energy

Daqo is one of the largest producers of polysilicon “wafers” for semiconductors, but is now transitioning into photovoltaic manufacturing for solar panels—a solid bet, considering China’s new focus on renewable energy.

Morgan Stanley price target: $28.30

Get the latest stock price here.

Symantec

Symantec is one of the most well-known cybersecurity companies, offering products for both businesses and consumers. Recent partnerships with LifeLock and the acquisition of Blue Coat gives Morgan Stanley to believe the stock will continue to grow, with a revised price target of $37 (almost $10 above its price on July 5, 2017).

Morgan Stanley price target: $37

Get the latest stock price here.

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