Cramer set a $12 price target for Citigroup over the long term.
20 Dow stocks reported earnings that exceeded Wall Street’s expectations this quarter, which is a significant increase over last quarter.
For those brave investors that do want to buy financial stocks right now, here is our ranking of the major financial stocks.
While the depressed financial sector has received the majority of the headlines, financial stocks are still trading well below their 52-week highs. Meanwhile, several restaurant stocks have also posted white hot returns over the last few weeks and are now trading close to their 52-week highs.
Based on our analysis, we are expecting Citi to report disappointing results that fail to meet Wall Street’s consensus expectations.
The Dow Jones index components are sure to be changed this year, here is a look at some of the shakeup scenarios.