Morgan Stanley says it's bullish on medtech in 2025 and upgraded Intuitive Surgical (ISRG), Tandem (TNDM), Stryker (SYK), Globus Medical (GMED) and Embecta (EMBC). Read more here.

The S&P 500 has delivered a median return of +1.5% during this month over the past 45 years, with positive results occurring 73% of the time. According to Morgan Stanley (NYSE: MS ), the second half of December tends to outperform the first, with a median gain of +1.2% compared to just +0.2% in the earlier half.

Key Takeaways Reddit shares hit a record high Monday after Morgan Stanley analysts upgraded the stock and highlighted ways Reddit could grow in 2025.Reddit's user base has grown faster than the analysts expected this year,

Morgan Stanley Monday upgraded Reddit (NYSE:RDDT) to Overweight, with PT of $200, stating that it expects the company's engagement and advertising pipelines to drive industry-leading user, time spent and ad rev growth.

Inc. rose more than 3% in pre-market trading on Monday following an upgrade from Morgan Stanley (NYSE:MS), which raised its rating on the company to “overweight” with a price target