Citigroup (NYSE:C) released a note last week stating that it expects the stock market to be picky over the next few quarters. Therefore, a portfolio drift into quality and momentum stocks would be investors' best course of action. Three stocks that fit this description are Amazon (NASDAQ:AMZN), JPMorgan (NYSE:JPM), and Domino's Pizza (NYSE:DPZ). According to Citi's published note, there's a growing risk of a global recession, meaning "earnings expectations become the more important toggle from here." Citi's base argument is that investors should allocate capital toward high-quality stocks or assets that are popular among investors.
https://www.tipranks.com/news/article/citigroup-nysec-is-buying-quality-and-momentum-3-stocks-to-consider?utm_source=advfn.com&utm_medium=referral
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