How much of Morgan Stanley's business is from Primerica, the deceptive MLM company? Primerica bought Smith Barney in 1987 whicu used egregious marketing tactics to build its business. Then Morgan eventually bought them.
If anything, I'd downgrade Morgan Stanley's stock. They were recently fined $3.2 billion for crimes causing the financial crisis. That news broke 1-2 days after Morgan dropped nearly 7%.