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Citi Trends Inc

Citi says buy 3 stocks tied to the consumer for the same reasons we own them

Procter & Gamble (PG), Estee Lauder (EL) and Constellation Brands (STZ) can navigate any economic slowdown in the short term while offering long-term growth opportunities, according to Citi in a new research note. The bullish call on these consumer-tied companies aligns with our view and comes as defensive stocks have fallen out of favor in 2023, with many investors instead piling into beaten-down tech names. What Citi thinks Analysts at Citi chose our three Club holdings among their top-rated picks — initiating…

Tesla, Wynn, Traeger, Amazon and more

Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty ImagesCheck out the companies making headlines in midday trading.Tesla – Shares of Tesla shed 13% after the company announced fourth-quarter vehicle deliveries that fell short of Wall Street's expectations. The electric vehicle maker delivered 405,278 cars in the fourth quarter, where the median analyst estimate was around 427,000, according…

Walgreens, Coinbase, Duolingo, Ralph Lauren

A Walgreens store is seen on August 07, 2019 in Miami, Florida.Joe Raedle | Getty ImagesCheck out the companies making headlines in midday trading.Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Doximity also announced a new share repurchase program.Walgreens — Shares rose 6% after an upgrade to buy from hold Deutsche Bank, which said it liked Walgreens' merger and acquisition plans.Coinbase — Coinbase jumped 9% after…