Investors looking for a cheap stock during this pullback should consider placing their bets on Citizens Financial Group , UBS says. “CFG, where market multiples at 1.2x 1Q22 TBV, 1.0x YE22 TBV, and 7.0x ’23E EPS imply that the stock is the closest to pricing in a recession in our regional universe,” analyst Erika Najarian wrote in a note to …
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2021. Brendan McDermid | Reuters The market’s focus in the coming week turns toward fourth-quarter earnings, which are expected to reveal stronger profit growth for economically sensitive stocks compared to technology players. The earnings period could test a theory that value …
Jim Conroy, CEO of Boot Barn Adam Jeffery | CNBC Boot Barn is a purple sizzling reopening inventory with additional upside because of the latest rise in oil costs, based on Citi. The inventory has been on a tear to start out the 12 months, gaining greater than 73% in 2021 and 16% over the previous three months. Even with …
