Citi’s 2013 Recommendation Outpaced S&P 500

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Mani
Published on
Updated on

Citi’s recommended list for 2013 posted a total return of 40.5% year-to-date against the 31.9% return posted by S&P 500 (INDEXSP:.INX). Tobias M. Levkovich and team at Citi in the 2013 evaluation and grade report however highlights the year-to-date 2013 S&P 500 (INDEXSP:.INX) gain of 29.1% easily surpassed Citi’s forecast. Citi’s recommendations outpaced S&P 500 As revealed by the following table, Citi’s recommended list clocked a total return of 40.5% year-to-date by outpacing the S&P 500 (INDEXSP:.INX) total return of 31.9% as of close of 12/27. Citi analysts point out that the above performance data was arrived at by measuring on a…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports