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Why Citigroup Is Bucking the Big Bank Trend

By David Hanson - Apr 15, 2013 at 12:55PM

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The market is showing Citigroup all the love. What gives?

Despite being viewed as the banking sector laggard, Citigroup (C -3.39%) reported strong first-quarter earnings, and shares responded quite positively. On the other hand, despite record profits, Wells Fargo (WFC -3.66%) and JPMorgan Chase (JPM -1.71%) disappointed investors with their quarterly results.

In this video, Motley Fool banking analyst David Hanson tells investors why Citigroup shares are moving higher, and if they still have room to run. 

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Stocks Mentioned

Citigroup Inc. Stock Quote
Citigroup Inc.
C
$49.32 (-3.39%) $-1.73
JPMorgan Chase & Co. Stock Quote
JPMorgan Chase & Co.
JPM
$120.09 (-1.71%) $-2.09
Wells Fargo & Company Stock Quote
Wells Fargo & Company
WFC
$42.11 (-3.66%) $-1.60

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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