C News and Press, Citigroup Inc. From 01/01/24

2024-01-01 09:15:00 ET The so-called "Magnificent Seven" stocks have been the stars of 2023. Collectively, they account for almost two-thirds of the S&P 500 's total return over the last year. But, the real question is, will the "Magnificent Seven" -- Apple , Microso...

2024-01-01 08:54:14 ET Summary KKR's share price has experienced a significant upside in late 2023, but an overall economic slowdown suggests taking profits or avoiding the stock during 2024. KKR has a history of operating business volatility, while financial leverage is expanding...

2023-12-31 16:44:00 ET More on IPOs IPO Offers Very Few Advantages To Investors IPO Roundup: SHEIN, Panera, Reddit and more Lz Technology Holdings Begins U.S. IPO Rollout For further details see: U.S. IPO market started to recover in 2023, but global mark...

2023-12-28 05:10:00 ET The concept of the metaverse -- in essence any immersive virtual world enabled by computing technology -- has been around for decades. The phrase was first coined by sci-fi author Neal Stephenson in his 1992 novel Snow Crash . But the metaverse has only become an ...

2023-12-26 17:38:12 ET Summary Bank of America may underperform peers in 2024 due to concerns about consumer spending exhaustion and rising loan delinquencies. The company's increased use of leverage compared to rivals is also a factor contributing to its unfavorable outlook. ...

2023-12-26 16:17:45 ET Summary 2024 expected to be a bullish year for stocks with Fed rate cuts and double-digit earnings growth for the S&P 500. This bullish backdrop recently prompted me to raise my base case target price for the S&P 500 to ~5,300 points by end of year 2...

2023-12-26 16:17:29 ET Summary The article discusses the dividend-paying stocks in Warren Buffett's Berkshire Hathaway portfolio. It highlights three stocks - The Kraft Heinz Co, Ally Financial Inc, and HP Inc - that have annual dividends exceeding their single share prices. T...

2023-12-26 12:24:15 ET More on Financial Select Sector SPDR ETF, Industrial Select Sector SPDR ETF, etc.: XLI: The Forgotten Industrial Sector ETF Just Hit A New All-Time High XLF: The 2024 Financials Sector Outlook Is Concerning XLI: Diversified Cyclicals Looking Be...

2023-12-26 07:39:07 ET More on Bank of America, Citigroup, etc. Bank Of America: Time To Take Profits Bank of America: Fortunes Set To Shift As Rate Cuts Diminish Paper Losses (Rating Upgrade) Goldman Sachs and Morgan Stanley head into 2024 with challenges, transitio...

2023-12-26 06:00:00 ET Charlie Munger, Warren Buffett's longtime partner, passed away at age 99 last month. Perhaps Munger's biggest legacy? Spurring Buffett to switch from investing in very cheap stocks to investing in high-quality businesses at reasonable prices. That's because whatev...