Citigroup achieved double-digit growth in trading revenues during the fourth quarter while reporting reduced credit costs, reinforcing its confidence in global equity markets. Management indicated that resilient client activity and tight credit metrics support an overweight positioning in stocks heading into the new fiscal year.

The firm designated two leading semiconductor firms as Top Picks, emphasizing their undemanding valuations and exposure to AI-driven end-market growth. Analysts noted that favorable supply dynamics and robust demand from data-center and cloud computing customers underpin the positive thesis for these chip names.