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


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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Comments (7)
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    "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
  • BlueOkie
    , contributor
    Comments (10488) | Send Message
     
    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
  • Ray - Kitchener
    , contributor
    Comments (74) | Send Message
     
    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
  • Roman Chuyan, CFA
    , contributor
    Comments (241) | Send Message
     
    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
  • whidbey
    , contributor
    Comments (3547) | Send Message
     
    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
  • User 502794
    , contributor
    Comments (109) | Send Message
     
    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
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    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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