Conservative Long-term Buy: Citibank (C 54.70)

Rationale: Citibank (C) has officially been the talk of undervaluation compared to industry peers. Management shuffling plus talk of breakup rumors have pushed the stock higher from its yearly consolidation range. A Merrill Lynch upgrade of Citigroup (C) to Buy from Neutral is also out. In recent years, (C) has been a poor relative price performer. Now, technicals support higher prices with new momentum highs and stronger relative strength.

Entry: Price pullbacks on 60 min charts @ 20 period EMA (53.18)

Stop: $50.38 daily support base