Citigroup Outshines In 2019: Will The Rally Continue In 2020?

Shares of Citigroup (NYSE:) appreciated 53.4% in 2019, outperforming the (up 27.6%) and the Zacks Major Regional Banks industry’s growth of 35.2%.This impressive price performance is backed by the gradually-improving operating environment and rate scenario, which is beneficial for banks. Notably, after raising interest rates four times in 2018, the…