Jim Caron — CIO, Portfolio Management, Morgan Stanley Investment Management (1 trade idea)

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Date Ticker Direction Thesis Source
Feb 13, 2026 LONG Caron identifies a "cyclical broadening" and specifically highlights Caterpillar (CAT) as a "very strong, very old-school" company employing technology well. While software is hit by AI fears, the "real economy" (Industrials) is benefiting from productivity gains and a shift in labor share to skilled trades (electricians, welders). LONG Industrials. Global economic slowdown reducing demand for heavy machinery. Bloomberg Markets
Bloomberg Surveillance 2/13/2026...