Large- and mega-cap U.S. REIT stocks with market capitalizations from $10B to more than $200B, have generally held up better than their smaller peers, but several major names still carry weak Momentum Grades between D and C-.
Telecom tower REITs
Strong S&P 500 earnings and AI momentum drive Citi’s large-cap outlook
Strong first-quarter earnings across corporate America are reinforcing the case for maintaining exposure to U.S. large-cap equities, according to a recent investor note from Citi.
The firm said S&P 500 (SP500) companies delivered 27% year-over-year earnings growth during the quarter, significantly