Morgan Stanley's picks to surprise on earnings rest of the reporting season

Snowflake and Pinterest are among a handful of companies set to surprise Wall Street when they report earnings, according to Morgan Stanley. Earnings momentum is strong. Nearly three-quarters of S & P 500 companies have reported results so far, with about 82% of the names posting beats on earnings estimates, according to FactSet. With several big-name reports slated for the month ahead, Morgan Stanley analyst Ronald Ho highlighted more than two dozen companies reporting between Aug. 5 and Sept. 2 that could boast strong earnings results. The stocks he mentioned are each rated overweight by Morgan Stanley analysts and fall within the top two quintiles of the firm's "Earnings Surprise Composite" scores, which consider a stock's earnings forecast, earnings quality and other factors. "In antic