Morgan Stanley has identified five equities it expects to outperform in the near term, according to a report by Ekstrabladet.

The recommendations come as the investment bank prepares to release its own second-quarter earnings before the market opens on Wednesday.

The list includes a mix of pressured growth names, a potential artificial intelligence beneficiary, and a major exchange operator.

While the specific tickers were not detailed in the initial report, the selection signals the bank's current conviction areas ahead of its own financial disclosure.

Investors are closely watching Morgan Stanley's upcoming results for signs of continued strength in its capital markets divisions.

Analysts expect the bank to benefit from robust trading activity and investment banking fees, which could validate the bullish stance taken in its latest stock picks.