Citigroup Inc. reported strong Q1 2025 revenue and EPS, positioning them well for growth.

From Yahoo Finance: 2025-04-06 16:55:00

The US stock market faced turbulence in Q1 2025 due to increased volatility and negative returns, linked to concerns about tariffs and tech stock performance. The unveiling of China’s AI software DeepSeek disrupted global markets, leading to a $593 million tech sell-off. US policies were swiftly implemented to support US tech firms against DeepSeek, including tariffs on Chinese trade. The US economy’s uncertainty heightened market volatility post-Fed’s decision to maintain interest rates, affecting sectors like banking. President Trump’s announcement of global tariffs sparked investor worries, escalating with China’s reciprocal tariffs. This led to the US market’s biggest drop since COVID-19, signaling potential supply chain impacts. The US economy is teetering towards stagflation, urging investors to seek stocks with resilient revenue, dividend growth, and competitive advantage, particularly in energy, real estate, healthcare, finance, and tech.

Citigroup Inc. (NYSE:C) reported Q1 2025 revenue of $69.67 million, surpassing estimates by $69.67 million, with an EPS of $1.36, exceeding expectations by $0.12. Despite expected credit card losses, operational improvements position Citigroup as a stable investment. The bank’s focus on US markets amid international uncertainties, along with CEO Jane Fraser’s strategic shift towards corporate banking, asset management, and consumer banking, augurs well for growth. Citigroup’s rising Capital Adequacy Ratio and market capitalization of $118.82 billion make it a strong player in the sector, with the stock offering a potential upside of 55.17%. While Citigroup ranks 12th in the best beginner stocks list, investors may consider AI stocks for quicker returns, with an AI stock showing growth amid market fluctuations.



Read more at Yahoo Finance: Among the Best Beginner Stocks