Citigroup Inc. has been generating a lot of attention within the investment community, demonstrating adaptability amidst market volatility. It has sounded caution over President Trump's policies potentially slowing growth in
emerging markets, and it anticipates challenges for these locations post-Trump's victory. Furthermore, Citigroup predicts a stall in the post-election stock rally due to profit-taking, adding that there's heavy manufacturing exposure to China within tech stocks. Nonetheless, it sees potential in the stock performance of NVIDIA, a beneficiary of the company's new AI chip, and remains optimistic about the semiconductor sector. The institution also reaffirms Apple as a top stock pick, while suggesting that buying U.S. semiconductor stocks would be a good move as it anticipates a rebound in the sector. Another headline shows Citigroup warns against buying stocks if a Trump win sparks a rally. Amidst such strategic calls, the bank's stock shares have undergone various actions such as
Kovack Advisors Inc,
Kentucky Retirement Systems, and
Cornercap Investment Counsel Inc reducing their holdings in Citigroup Inc, while these have been increased by the
KBC Group NV. Citigroup's own stock has shown improvements resulting in analysts' upgrades, despite a predicted cautious trend triggered by insider sales.
Citigroup Stocks News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Sat, 16 Nov 2024 18:04:03 GMT -
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