Benzinga Pro's Top 5 Stocks To Watch For Friday, March 24, 2023: C, EUFN, RH, JEF, BNED
Benzinga Newsdesk··3 years ago
Pre-Market Outlook
Citigroup (C) - The US big bank with its shares down the most amid the concerns with Deutsche Bank (DB). A report early Friday morning suggested the cost of insuring Deutsche Bank from a default
Citigroup (C) - The US big bank with its shares down the most amid the concerns with Deutsche Bank (DB). A report early Friday morning suggested the cost of insuring Deutsche Bank from a default suddenly spiked. Citi shares were down about 2%; Deutsche Bank shares were down about 8%.
iShares MSCI Europe Financials ETF (EUFN) - An exchange-traded fund (ETF) to gain exposure to Eurobanks. The ETF sees some good volume each trading day, an average of over 1 million shares traded.
RH (RH) - A play on upcoming earnings out of this luxury home goods retailer. RH will report quarterly results on Wednesday after market close.
Jefferies (JEF) - Despite concerns with the global banking industry over the last several weeks, analysts at Oppenheimer on Friday were optimistic on Jefferies. The analysts highlighted Jefferies as a standout in the investment banking and financial services industry. To hear more about the analyst call, check out Benzinga's Stocks To Watch podcast on Twitter, Apple Podcasts or Spotify.
Barnes & Noble Education (BNED) - A play on the education publishing industry. Shares of peer in the space, Scholastic (SCHL), were down nearly 20% Friday morning following disappointing quarterly results.
