Citi's 5 "Contrarian Picks" for 2026: Up to 40% Return Expected

• Citi identified 5 "contrarian picks" for 2026, projecting up to 40% return for investors.
• The selected stocks are ICICI Prudential Life, Jubilant Foodworks, Voltas, Lupin, and HPCL.
• Citi holds an "overweight" outlook on banking, telecom, auto, healthcare, and defense sectors for 2026.
• ICICI Prudential Life has a target price of ₹870 (40% upside) due to improved growth and diversified product portfolio.
• Jubilant Foodworks has a target price of ₹800 (37% upside) on expectations of increased discretionary spending and strategic initiatives.

Why It Matters: Citi identifies 5 stocks for 2026, offering up to 40% returns for investors.