Citi Trades Flat but GE Shines

The usual volume leaders are trading light today on a very uneasy Friday session thanks to U.S. Unemployment hitting 10.2%.  Citigroup (NYSE:C) shares aren't breaking a sweat but General Electric (NYSE:GE) is up 6% and past $15 a share.

General Electric (GE) scored an upgrade today from Bernstein to outperform from market-perform and Oppenheimer lifted its rating to outperform from perform.  According to the WSJ.com - Among many factors for the recent upgrades, both Bernstein's Mr. Winoker and Oppenheimer's Mr. Glynn cited an attractive risk/reward balance at GE and signs of stabilization, or at least less risk, at the company's financing arm, General Electric Capital Corp. In the third quarter, GE Capital's profits tumbled 87%, putting a gloomy cloud over the conglomerate's earnings.

Citigroup (C) made Bezinga.com's 5 Large Cap Stocks with Highest Sales Growth Estimate list.  Citigroup Inc (NYSE: C) has a consensus sales growth estimate of 261% for the current quarter. C has a market capitalization of $91.91 billion.

Deutsche Securities initiated coverage of C with a “buy” rating. In the last month Citi shares have fallen 13.9%.

Volume Leaders for today are the following:

Symbol	Name	Last Trade	Change	Volume
C	CITIGROUP INC	4.04 1:55PM ET	0.02 (0.49%)	180,636,511
SPY	S&P DEP RECEIPTS	106.99 1:56PM ET	0.14 (0.13%)	123,079,415
GE	GEN ELECTRIC CO	15.37 1:56PM ET	0.94 (6.51%)	118,753,310
BAC	BK OF AMERICA CP	15.01 1:56PM ET	0.12 (0.79%)	106,621,332