The rally hasn't shaken Morgan Stanley's Adam Parker from sticking to his projection that the...

|By:, SA News Editor

The rally hasn't shaken Morgan Stanley's Adam Parker from sticking to his projection that the S&P will end the year at 1,167; he sees earnings coming in lower than sell-side analysts expect. But he believes investors can ride out the storm through health care and energy stocks such as CAH and SLB, as well as a select group of other names including JPM and FCX. (earlier)