Investors are turning their attention towards
Citigroup, as multiple advisories suggest the stock as a
buy before April 15. Notably, Citi upgraded
U.S. stocks, claimed ‘Trump put activated’ and advised investors to get into
mega-cap stocks. Their stance was rather conservative on the ‘
buy the dip’ method, as the bank believes current volatility might not be conducive for such a strategy. They further predicted that
chip stocks could potentially be a good bet during a
recession. Despite a 16-17.9% decrease in
Citigroup’s market value, some analysts believe it offers a good entry point.
Citi has been busy affecting other stocks too; multiple companies see their price expectations lowered, impacting sectors like logistics, energy, money exchange, apparel and manufacturing. Conversely, Citi upgraded companies like
Constellation Energy,
Union Pacific and
Diamondback Energy, revealing a bullish stance on them. One surprising move was
Warren Buffett selling off Bank of America and Citigroup stocks to pivot towards high-yield investments.
Citigroup Stocks News Analytics from Fri, 03 Jan 2025 08:00:00 GMT to Sun, 13 Apr 2025 02:01:48 GMT -
Rating 3
- Innovation -3
- Information 5
- Rumor -2
