Citi: Fed rate cut imminent, bullish on prospects of green energy stocks

Citigroup strategist Drew Pettit stated that with the Fed rate cut, the outlook for the clean energy industry is positive, and the market will enter a new era of "green investment". Lower interest rates will stimulate the growth of green energy stocks. Citigroup has included water treatment company Ecolab and infrastructure company IDEX in its recommended list, believing that both still have development potential in the changing interest rate and political environment. At the same time, Citigroup focuses on three fundamental characteristics: positive cash flow, visible profit capability, and EBITDA growth, along with a buy rating on Ecolab with a target price of $265