14-05-2025
Citi, JPMorgan See 2025's Laggards Turning Short-Term Winners
Two of Wall Street's major trading desks are making the same bold call on US stocks as trade tensions ease: Pile into this year's biggest losers for quick, short-term profits.
Heads of equity trading at Citigroup Inc. and JPMorgan Chase & Co. say they're particularly bullish over the next few weeks on small caps, technology hardware and homebuilders, which have each lagged the broader S&P 500 Index during the most recent leg up. In the current environment, Stuart Kaiser, who runs Citigroup's desk as head of US equity trading strategy, also likes shares of companies with weaker finances, he said.
