Stephen Grambling is a CFA and equity research analyst at Morgan Stanley, where he serves as Head of U.S. Gaming, Lodging & Leisure Research. Based in the New York City area, he covers major companies across the consumer discretionary, gaming, lodging, and leisure sectors, providing institutional investors with research, industry insights, and market analysis. Before joining Morgan Stanley, Grambling held senior research roles including Managing Director at Goldman Sachs, building deep expertise across hospitality, travel, gaming, and consumer-facing industries.