Citi updates highest conviction ideas list
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Citi: Consumer home spending survey shows big jumps for Amazon, Walmart
June 13, 2024 8:31 AM EDTA new Citi survey offers positive signs for the home improvement sector. According to the bank, consumers indicated continued spending on projects and a growing preference for Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) for home goods.
"Our survey results look positive on project intent and spending for the home," says Citi, which collaborated with the Citi Research Innovation Lab to survey some 1,500... More
