From Yahoo Finance: 2025-04-11 16:39:00

• Jack Caffrey of JPMorgan Asset Management shared insights on market trends, emphasizing diversified portfolios during volatility and the importance of ‘time in the market’. He highlighted the unpredictability of fear and euphoria, noting market rebounds in 2023 and 2024 despite sell-offs.
• Caffrey discussed the MAG7’s impact on market trends, emphasizing earnings over valuation. He noted market shifts towards overlooked sectors like energy and businesses benefiting from a weaker dollar. Stimulus measures in Europe transitioning to fiscal policies offer additional investment opportunities for investors.
• Citigroup Inc. (NYSE:C) ranks 6th on the list of cheap NYSE stocks to invest in according to hedge funds. The company exceeded its full-year revenue growth target in 2024, with a 5% increase to $81.1 billion. Betsy Graseck from Morgan Stanley maintained a Buy rating with a price target of $110.
• Citigroup Inc. (NYSE:C) is a diversified financial service holding company operating through five primary segments. The company saw a 9% revenue increase in its Services division, driven by fee revenue growth and higher deposit volumes. It is expanding its Flex Pay tool and has seen consistent double-digit growth.
• Diamond Hill Capital Long-Short Fund highlighted Citigroup Inc. (NYSE:C) in its investor letter, praising the company’s ongoing restructuring efforts and expense reduction plans. C predicts meaningful expense reduction in the second half of 2024, enhancing the company’s outlook.
• Overall, Citigroup Inc. (NYSE:C) holds growth potential as the 6th cheap NYSE stock favored by hedge funds. While AI stocks present promising returns, an AI stock trading at less than 5 times earnings may offer higher potential. Consider exploring the report on the cheapest AI stock for investment opportunities.

Read more: Is Citigroup (C) A Cheap NYSE Stock to Invest in According to Hedge Funds?