Morgan Stanley Analyst Recommends Wells Fargo (BAC, JPM, WFC)

Markets are showing uncertainty due to contagion fears and regulatory reforms. In an interview with CNBC, Betsy Graseck, large cap bank analyst at Morgan Stanley (NYSE: MS), shared her outlook.

She said that the market still has some attractive picks. She told CNBC, “This is a group that over time can generate 13 to 14 percent. If you have the patience for a 1 to 2 year view, you can make some money on these stocks.”

She also shared her stock picks with CNBC. She likes Bank of America (NYSE: BAC), JPMorgan (NYSE: JPM) and Wells Fargo (NYSE: WFC).