Citigroup (NYSE:C) is Buying Quality and Momentum; 3 Stocks to Consider
Citigroup (NYSE:C) released a note last week stating that it expects the stock market to be picky over the next few quarters. Therefore, a portfolio drift into quality and momentum stocks would be investors'' best course of action. Three stocks that fit this description are Amazon (NASDAQ:AMZN), JPMorgan (NYSE:JPM), and Domino''s Pizza (NYSE:DPZ). According to Citi''s published note, there''s a growing risk of a global recession, meaning "earnings expectations become the more important toggle from here." Citi''s base argument is that investors should allocate capital toward high-quality stocks or assets that are popular among investors.
Citigroup (NYSE:C) is Buying Quality and Momentum; 3 Stocks to Consider
Citigroup (NYSE:C) released a note last week stating that it expects the stock market to be picky over the next few quarters. Therefore, a portfolio drift into quality and momentum stocks would be investors'' best course of action. Three stocks that fit this description are Amazon (NASDAQ:AMZN), JPMorgan (NYSE:JPM), and Domino''s Pizza (NYSE:DPZ). According to Citi''s published note, there''s a growing risk of a global recession, meaning "earnings expectations become the more important toggle from here." Citi''s base argument is that investors should allocate capital toward high-quality stocks or assets that are popular among investors.