U.S. bank Citi refreshed its list of "highest conviction ideas" for Europe and recommended a specific trading strategy that investors can adopt right now. The ideas — or stocks — are captured in the investment bank's focus list and include names that their analysts have the "strongest buy and sell ideas for the next 12 months." "The focus is on bottom-up ideas," Citi's analysts wrote in an Apr. 29 research note.
" EPS is an important metric traders use to gauge the value of a stock or index. Here are two of the latest buy-rated additions in Citi's focus list with over 30% upside potential in the next 12 months: Leonardo Citi is bullish on Leonardo and its target price on the stock is 28.60 euros , implying just over 32% upside potential. Citi said the company had given detailed targets out to 2028 which were "broadly in line" with its own estimates.