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As Trump's tariff measures are about to take effect, Citigroup states: "Growth is defense," suggesting attention be given to U.S. growth stocks.
As the tariff shock wave of "April 2nd" approaches, Citi advises investors to focus on growth stocks. In a Research Report released on March 28th, Citi stated that the investment outlook for the second quarter of 2025 is shifting from balanced to "growth-oriented." In the face of the macroeconomic risk of a "trough" and the uncertainty of Trump's tariff policy, Citi believes that "growth is defense." The report further notes to focus on growth sectors that are under pressure on valuation in Q1 but have solid fundamentals, while remaining alert to the shocks that tariffs may bring, especially in cyclical and defensive sectors. Among the growth sectors, the report highlights information technology (Semiconductors and semiconductor equipment).
Here Are the Major Earnings After the Close Today
WidePoint Delays 4Q Earnings Call
Earnings Preview: WidePoint to Report Financial Results Post-market on March 26
$WidePoint(WYY.US)$ is scheduled to release its financial results post-market on March 26 ET. Earnings PreviewAnalysts estimate $WidePoint(WYY.US)$ to post revenue of USD29.99M for 2024Q4, EPS is
WidePoint Awarded $2.5M Contract Under The Spiral 4 Contract Vehicle To Provide Managed Mobility Services To The Department Of Defense; Task Order Has A Potential Value Of $25M If All Options Are Exercised
WidePoint Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, March 26, 2025 at 4:30 P.m. ET