Citi’s 2013 Recommendation Outpaced S&P 500

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 daily basis...