Summary:
– The Fed is expected to cut rates by 25 basis points in its December meeting, the third consecutive cut.
– A rate cut would benefit the U.S. economy in 2026, impacting various sectors including banking.
– Citigroup (C) stock is performing well, with a 2.1% dividend yield and strong outperformance.
– Citigroup’s turnaround under CEO Jane Fraser has made the bank more efficient and focused.
– Citigroup’s return on capital is improving, with strategic actions expected to boost profits in the coming years.
– Analysts are cautious, but the stock could see target price upgrades following recent gains, providing potential for further growth and dividend growth.

Read more at Barchart: Forget The Fed and Buy This Dividend Stock for 2026