Key Points Dealmaking activity has been slow in recent years amid high interest rates and economic uncertainty. Morgan Stanley CEO Ted Pick believes we are in the early innings of a robust mergers and acquisitions cycle. 10 stocks we like better than Morgan Stanley › Investment banking has been in a trough in recent years, but signs point to a recovery. M&A and IPO activity are picking up, and Morgan Stanley (NYSE: MS) is one company in the industry that stands to benefit as one of the largest inve ...