This software company that was once known as an industrial conglomerate could deliver meaningful returns over the next several months, according to Citi.
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Citi chose software stocks with earnings momentum and declines of more than 10% in the last month.
Citi highlighted Cboe Global Markets and First Solar as stocks within its positive return on equity trend basket.
Shares have advanced nearly 19% so far this week alone. The firm's second-quarter earnings and revenue surpassed analyst…
Citi says that return on equity, a profitability metric calculated by dividing a company's net income by shareholders' equity, is…
The bank looked at stocks on catalyst watch that have relatively low long crowding.
The bank, which has buy rating on the fintech name, raised its price target on shares.
