SPDR® S&P 500 ETF Trust (SPY)Kim Khan
ipoba
Citi’s recommended basket of large-cap stocks has slightly outperformed the broader market benchmark since the beginning of the year.
Citi’s Equally Weighted Research Recommended List is up 9.6% over the combined S&P 500 through April 4 (NYSEARCA:Spy) (IVV) (VOO) rose 8.3%, compared to the same weighted S&P 500 (RSP) increased by 5.3%.
Quanta Services (PWR) had the highest return since its addition, increasing 142%. Prologis was the worst performer, down 19%.
Stocks by sector are as follows:
Communication services (XLC)
- T-Mobile (TMUS) Price target is $184, AlphaQuant rating aims for strong buy
Consumer discretion (XLY)
- Amazon.com (AMZN) $215, quantitative evaluation pending
Consumer Essentials (XLP)
- Walmart (WMT) $63.33, Quant Rating Pending
- Constellation Brand (STZ) $305, quantitative evaluation pending
Energy (XLE)
- Schlumberger (SLB) $70, Quant Rating Hold
Finance (XLF)
- Bank of New York Mellon (BK) $65, Quant Rating “Strong Buy”
- LPL Financial Holdings (LPLA) $310, Quantitative Rating Hold
Healthcare (XLV)
- HCA Healthcare (HCA) $357, pending quantitative evaluation.
- Intuitive Surgical (ISRG) $462, Quant Rating Hold
- Merck (MRK) $140, quantitative rating “Strong Buy”
Industrial (XLI)
- Delta Air Lines (DAL) $55, quantitative evaluation purchase
- Honeywell International (HON) $243, quantitative evaluation purchase
- Quanta Services (PWR) $275, Quanta Rating Pending
- Rockwell Automation (Korea) $330, pending quantitative evaluation
- Lockheed Martin (LMT) $508, quantitative rating pending
Infotech (XLK)
- Applied Materials (AMAT) $211, pending quantitative evaluation
- Microsoft (MSFT) $480, pending quantitative evaluation
- Micron Technology (MU) $150, pending quantitative evaluation
Material (XLB)
- CRH (CRH) $101, quantitative rating “Strong Buy”
Real estate (XLRE)
- Prologis (PLD) $145, quantitative evaluation pending
Utilities (XLU)
- Edison International (EIX) $86, Quantitative Rating Pending
