top stocks to invest in now: Citigroup Inc.(C)
Advisors' Opinion:- [By Lawrence Meyers]
The big winning sector was finance, which saw earnings rise 30% on an increase of 8.5% in revenues. Banks like Citigroup (C) and JPMorgan Chase (JPM) have bounced back very strongly from the financial crisis, while banks like U.S. Bancorp (USB) continue to make inroads, and impress with good management. So these guys are all benefiting from their diversified streams of revenue generation, and strong revenue from B2B services.
- [By Ben Levisohn]
So we find ourselves in the position we have for most of this year: positive on the market averages but less confident in what stocks to buy. While banks have clearly been the flavor of the day we have generally avoided those names. Both Citigroup (C) and Bank of America (BAC) are only now hitting six year highs and we have never advocated chasing winners. Meanwhile the staid, safe defensive stocks (value) like P&G (PG), Coke (KO), and Philip Morris (PM) are lagging. The dichotomy might be illustrated by retailers where Best Buy has been roaring while Gap Stores has been tanking…
- [By Benzinga News Desk]
Citigroup (NYSE: C) Q2 EPS $1.24 vs $1.10 est, Revenue $17.5B vs $17.5B est
Wells Fargo (NYSE: WFC) Reports Q2 EPS $1.01 vs. Est. $1.01, Rev. $22.16B vs. Est. $22.17B
source from Top Stocks For 2015:http://www.topstocksblog.com/top-stocks-to-invest-in-now.html
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