Citi spotlights 33 stocks in what it calls its ‘post pullback shopping list’

Citi’s equity research team indicated on Wednesday that it still holds a positive outlook on U.S. equities and spotlighted a list of large-cap stocks it has on its radar in what it calls its “post pullback shopping list.”

“We remain confident in S&P 500 earnings resilience despite growing recession fears and negative price action of late,” the investment institution stated.

As a result, Citi created a “pullback playbook” where it screened for large-cap buy rated stocks where it believes the market-implied growth setup has improved with the recent selloff, but Citi analyst estimates have not meaningfully degraded for 2024 and 2025 EPS. The list of stocks that the bank compiled included a total of 33 names. See the names below:

Citi’s U.S. Equity Strategy Post Pullback Shopping List

1. Apple (AAPL)
2. Airbnb (ABNB)
3. Analog Devices (ADI)
4. Autodesk (ADSK)
5. Applied Materials (AMAT)
6. Advanced Micro Devices (AMD)
7. Amazon (AMZN)
8. AppLovin Corp (APP)
9. Alexandria Real Estate Equities (ARE)
10. Carrier Global Corp (CARR)
11. Caterpillar (CAT)
12. Coinbase Global (COIN)
13. Cognizant Technology Solutions (CTSH)
14. Datadog (DDOG)
15. Dell Technologies (DELL)
16. DocuSign (DOCU)
17. Devon Energy Corp (DVN)
18. Eastman Chemical Co (EMN)
19. FTV Fortive Corp (FTV)
20. GLW Corning Inc. (GLW)
21. Alphabet (GOOG) (GOOGL)
22. Home Depot (HD)
23. KLA Corporation (KLAC)
24. LPL Financial Holdings (LPLA)
25. Lam Research Corporation (LRCX)
26. MongoDB (MDB)
27. Marvell Technology (MRVL)
28. PPG Industries (PPG)
29. ROBLOX Corp (RBLX)
30. Snowflake (SNOW)
31. Teradyne (TER)
32. Target (TGT)
33. Zscaler Inc (ZS)