Morgan Stanley's Wilson Sees Few Signs of Bear Market in Stocks

What You Need To Know

• The strategist, who correctly predicted the recent downdraft in U.S. stocks back in July, says a major collapse is unlikely.
• Wilson continues to urge investors to stay away from small caps, crediting a recent rally to traders covering short positions.
• He sees opportunities in individual stocks rather than the broader indexes as most investors continue to ride momentum in tech stocks.