Making the Case for Bank Stocks

Citigroup (C) shares have been star performers lately, with the stock not only handily outperforming the S&P 500 index this year (+19.8% vs. +6.3%) but also leading JPMorgan (JPM) (up +16.1%) and Wells Fargo (WFC) (up +16.7%).Citigroup’s performance lead over its peers extends further if we go back a few months, say to the preceding 6-month period, as the chart below shows.Image Source: Zacks Investment ResearchSeeing a perennial laggard like Citigroup show this type of energy and momentum is good. But bele ...