Weizhen Tan

Shares of low-cost Chinese e-commerce giant PDD plunged nearly 29% on Monday alone.

CNBC Pro screened FactSet for global stocks that are cheap compared with their sectors, and are expected to have positive earnings growth ahead.

"I continue to advise clients to use downside opportunistically and build better balance in portfolios," says Matt Orton of Raymond James Investment Management.

"Certain segments of tech – such as semiconductor materials and the AI supply chain – could be hit the hardest," the bank says.

A number of analysts say the precious metal will go even higher, giving their predictions on prices.

Both valuations and economic indicators are "flashing amber lights," says Brian Arcese of Foord Asset Management.

Markets have been volatile, and the emerging markets investor told CNBC that he has been closely monitoring one metric in the United States.

After the sell-off in August, markets could have a "recovery rally" in mid-September, before tumbling "another leg lower" and bottoming in October, he says.

The lists are the bank's "curated and active" picks of between 15 and 30 top buy-rated stocks for each region. It gave one addition nearly 61% upside.

One Taiwanese stock has everything going for it — it's not just a defensive play amid recent market choppiness, but it's also an AI trade, Morgan Stanley says.