Citi, a prominent investment institution, recently shared its positive outlook on U.S. equities and unveiled its "post pullback shopping list" consisting of 33 large-cap stocks. Despite growing recession fears and recent negative price action, Citi's equity research team remains confident in the resilience of S&P 500 earnings.

In order to identify potential investment opportunities, Citi created a "pullback playbook" strategy. This involved screening for large-cap buy-rated stocks where the market-implied growth setup has improved following the recent selloff. It is noteworthy that Citi's analyst estimates for the 2024 and 2025 earnings per share (EPS) of the selected stocks have not significantly degraded.

The list compiled by Citi includes well-known entities such as Target Corporation (TGT), Apple Inc. (AAPL), Cognizant Technology Solutions Corporation (CTSH), Alphabet Inc. (GOOG), Amazon.com Inc. (AMZN), The Home Depot, Inc. (HD), Advanced Micro Devices, Inc. (AMD), Corning Incorporated (GLW), Applied Materials, Inc. (AMAT), Lam Research Corporation (LRCX), Caterpillar Inc. (CAT), Analog Devices, Inc. (ADI), Marvell Technology Group Ltd. (MRVL), Devon Energy Corporation (DVN), KLA Corporation (KLAC), Teradyne, Inc. (TER), Autodesk, Inc. (ADSK), Eastman Chemical Company (EMN), Alexandria Real Estate Equities, Inc. (ARE), PPG Industries, Inc. (PPG), LPL Financial Holdings Inc. (LPLA), Alphabet Inc. (GOOGL), Airbnb, Inc. (ABNB), DocuSign, Inc. (DOCU), Zscaler, Inc. (ZS), Fortive Corporation (FTV), Dell Technologies Inc. (DELL), MongoDB, Inc. (MDB), Coinbase Global, Inc. (COIN), Datadog, Inc. (DDOG), Carrier Global Corporation (CARR), Snowflake Inc. (SNOW), Roblox Corporation (RBLX), and AppLovin Corporation (APP).

Citi's inclusion of these stocks in its "post pullback shopping list" indicates their potential for growth and resilience in the face of economic challenges. The investment institution believes that while market conditions may have experienced a temporary setback, these selected stocks possess strong fundamentals and are poised to rebound in the future.

As investors reassess their strategies amidst market uncertainties, Citi's "post pullback shopping list" serves as a valuable guide for potential investment opportunities. It highlights the research team's confidence in the prospects of these large-cap stocks, offering investors a glimpse into Citi's recommended choices for the current investment landscape.

Disclaimer: The information provided in this article is based on Citi's "post pullback shopping list" and should not be interpreted as financial advice. Investors are encouraged to conduct their own thorough research and consult with a professional financial advisor before making any investment decisions.