Fast Money: JPM, AMAT, C, EL

Key Concepts:

• FAANG Resurgence: The renewed strength of FAANG stocks (Facebook/Meta, Apple, Amazon, Netflix, Google/Alphabet).
• Citigroup (Citibank) Performance: The stock's current valuation and historical context, including the reverse stock split.
• Equipment Sector Breakouts: Recent positive performance in companies within the equipment industry.

Final Trade Picks:

• Tim: Tim highlights the "resurgence in the E in FAANG" (likely referring to either Amazon or Apple, given the context of resurgence). He acknowledges being late to the trend but expresses his intention to "stay long," indicating a bullish outlook on the stock.
• Citigroup (Citibank): The speaker notes that Citigroup is at an "all-time high" in the "modern era," referencing the period after a "ten for one reverse split." Despite this high, the stock is still valued at "less than one time profit," suggesting it may be undervalued relative to its earnings.
• Equipment Sector: The speaker mentions that "some equipment names" are "breaking out recently," indicating positive price movement and potential investment opportunities in that sector.
• Bonawyn: Bonawyn expresses uncertainty about reaching "three times," the context of which is unclear but likely refers to a target price or valuation multiple for a specific stock or sector.