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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Citigroup Stock Shows Improved Relative Price Performance; Still Shy Of Benchmark

Citigroup stock had its Relative Strength (RS) Rating upgraded from 69 to 76 Monday -- a welcome improvement, but still shy of the 80 or higher score you prefer to see.

When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the best-performing stocks tend to have an RS Rating of over 80 as they begin their largest price moves. See if Citigroup stock can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Is Citigroup Stock A Buy?

Citigroup stock is trying to complete a flat base with a 53.33 entry. See if it can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

Top and bottom line growth moved higher last quarter. Earnings were up -21%, compared to -24% in the prior report. Revenue increased from 33% to 60%.

Citigroup stock holds the No. 13 rank among its peers in the Banks-Money Centers industry group. JPMorgan Chase and UBS Group are also among the group's highest-rated stocks. For more industry news, check out "Banks And Financial Stocks: Latest News And Analysis."

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