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With Citi earnings beating Street expectations, how should you position ahead of results from Goldman Sachs?Trader Joe Terrarnova is bullish. “I bought the stock last week,” he reveals.” I see potential for trading revenues to be better than expected – Q1 was largely better than expected. I think the stock surprises to the upside.”
Trader Patty Edwards is somewhat bullish. “Goldman is trading at .89 book – at least book as we know it,” she says. “And I think their numbers will decent. If it meets your criteria, take a look.”However Edwards also adds the stock does not meet her criteria. She tends to be a conservative investor and reminds the desk, broadly, “I’m a bear on banks.”Trader Steve Grasso is neutral on Goldman at best. “If you think the market is coming in – as I do – I’d stay on the sidelines.”Trader Brian Kelly is outright bearish. “I’d much rather put money to work in the regionals as a play on the domestic recovery,” he says.What do you think? We want to know!
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