This big bank that's beating out JPMorgan Chase just made Josh Brown's Best Stocks list

(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Trading profits in equities, fixed income, commodities and currencies come and go on Wall Street. They're a helpful contributor to the bulge brackets' earnings per share, but they do nothing for the multiple. Because everyone knows that trading profits are ephemeral. They can fall or even reverse into losses at any time. As Frank Sinatra explains, "That's life. That's what all the people say. You're riding high in April, shot down in May." So when you think of Morgan Stanley , I want you to think of two things - investment banking and wealth. Those are the twin engines of the company's renaissance over the last two decades since the financial crisis. They're the two businesses that Morgan Stanley does as well as or better than any other player in the world. The benefits of an explosive (and long-duration) bull market for a top-tier investment bank are obvious. All this frenetic activity in underwriting, capital raising, IPOs, secondaries, mergers and acquisitions, private equity and debt deals, etc. — the opportunities have been endless and don't require much explanation. On the Wealth side, Morgan Stanley's shrewdness may not be as readily apparent to the outside observer. …