Time for versatile 'Shohei Ohtani' trades, says Morgan Stanley

Good news for investors: while Ohtani may be a once-in-a-generation talent, right now there's more than one place investors can go to find trades

Investors who want to have all their bases covered had better seek out some assets that perform like Shohei Ohtani, advises Morgan Stanley chief cross-asset strategist Andrew Sheets.

Ohtani, a 23-year-old prodigy from Japan, is an ace pitcher for the Los Angeles Angels who’s also proving his worth as a slugger. His two-way play has evoked comparisons to Yankees great Babe Ruth, among others — and this amalgamation of offensive and defensive prowess is exactly what investors should be seeking to help them weather volatile markets, Sheets said in an April 22 note.

Otani “is valuable because of what this combination provides: