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On CNBC’s “Halftime Report Final Trades,” Cerity Partners’ Jim Lebenthal picked Citigroup Inc. (NYSE:C) ahead of quarterly earnings.
Wall Street expects Citigroup to report quarterly earnings at $2.64 per share on revenue of $23.53 billion before the opening bell. After all, the Jane Fraser-led bank has been a top performer among large peers this year, supported by its ongoing turnaround, cost-cutting efforts, and relatively low valuation.
Geopolitical risk, however, is a factor considering Citi’s extensive global exposure.
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Bryn Talkington, managing partner of Requisite Capital Management, said CBRE Group, Inc. (NYSE:
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