Citigroup Inc
NYSE: C
$70.42
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These are some stocks that top analysts from around Wall Street feel will do well in a rising-rate environment, and some may be a surprise.
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Friday's top analyst upgrades, downgrades and initiations include Abercrombie & Fitch, Akamai Technologies, Citigroup, Pollo Loco, Netflix and Salesforce.com.
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It turns out that the latest round of market selling took more big banks back under their respective book values -- a point that acts as a homing beacon for value investors.
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Most consumers know that all credit cards are not created equal. And separating the bad from the good can be tricky.
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One area that remains very cheap on a price-to-earnings basis is the financials, and in a new research report Oppenheimer upgrades the sector to Overweight.
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ThinkstockThere may be more upside ahead in the big banks. This week brought a research report from Barclays showing that the big banks are more attractive now than they were in the prior week....
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ThinkstockNow that most of the financial giants have reported their second quarter earnings, 24/7 Wall St. wanted to pay close attention to the bargain bin that may still attract the value investors....
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24/7 Wall St. cannot help but wonder if investors are finally ready to place a premium on book value in Bank of America and in Citigroup now that the bottom in the market was more than six years ago.
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ThinkstockThe Consumer Financial Protection Bureau (CFPB) last week published its first Monthly Complaint Report, providing data the agency has collected regarding consumer complaints collected...
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Citigroup released a better-than-expected second-quarter earnings report Thursday before the markets opened.
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Citigroup is scheduled to report its second-quarter financial results Thursday before the markets open.
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24/7 Wall St. has put together a preview Bank of America, Google, Schlumberger and other major companies reporting their quarterly results this week.
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One sector that will be watched closely next week is the big banks, all of which report second-quarter earnings during the week.
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Wednesday's top analyst upgrades, downgrades and initiations include Avago Technologies, Citigroup, Electronic Arts, Ford, GM, Goldman Sachs and JPMorgan.
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Deutsche Bank thinks it is time for the Federal Reserve to start laying out their plans for rate hikes. They also think that these four big U.S. banks are solid buys now.
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