JPMorgan And Citigroup Earnings Summaries: Like Both, But Citigroup Is A Cheaper, Longer-Term Play
Citi(C) Seeking Alpha·2024-07-18 08:00
MicroStockHub In the earnings preview written late last week on what was expected for the two banking giants Friday morning, July 12th, ’24, neither offered any real surprises. At one point, in the earnings preview, it was written that ”if there were two opposites in the large-cap, money-center bank universe, it was Citigroup and JPMorgan” and that remains the case. Most pair trades in the hedge fund world, are “long one stock, short another” maybe in the same sector, but for long-only investors, a good ...