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U.S. equities get upgraded to Overweight at Citigroup thanks to "the combination of strong EPS...

  • Thursday, October 11, 2012, 6:57 AM ET
    U.S. equities get upgraded to Overweight at Citigroup thanks to "the combination of strong EPS momentum and a very aggressive central bank." The S&P 500 will score a 12% gain by year's end, predicts Tobias Levkovich. The "most-favored" 20 global stocks includes these from the U.S.: AES, CSX, GS, GOOG, QCOM, SBUX, AES.
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This news story has 7 comments:

  • "U.S. equities get upgraded to Overweight at Citigroup thanks to "the combination of strong EPS momentum and a very obsessive-compulsive Fed chairman." The S&P 500 will score a 12% gain by year's end, predicts Tobias Levkovich, who added, "Bernanke has plenty of air left to blow this bubble even bigger! The man has the lungs of a god!""

    There. Fixed it for you.
    11 Oct 2012, 07:09 AM Reply Like
  • CSX is undervalued. Most S&P is blown up by Ben and his zero interest rate. Where do you put your money. The bubble is ging to burst
    11 Oct 2012, 08:02 AM Reply Like
  • Predictions are for fools. Trade the trend and don't listen to Citigroup. Look at their stock. What a mess.
    11 Oct 2012, 08:22 AM Reply Like
  • Ok - another big bank gets on board with what our PAR Model has been indicating for several months - better late then never, I guess. http://www.parmodel.com
    11 Oct 2012, 08:44 AM Reply Like
  • Maybe. The performance seems to depend on the election, the actions or inactions of Congress. How can anyone know? Does C sell stocks?
    11 Oct 2012, 09:08 AM Reply Like
  • i haven't seen the actual report but the summary on MarketWatch says 12% by the end of NEXT year...not by year's end. Very different, if true

    http://on.mktw.net/TBZCX5
    11 Oct 2012, 01:04 PM Reply Like
  • Apparently plenty of conflicting price targets for the S&P within Citi. One analyst had his targets below GS' 1250.
    11 Oct 2012, 03:49 PM Reply Like
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