Citi Removes Apple (AAPL) from 'Champions' List; Adds GE (GE), J&J (JNJ), Ford (F)

Analysts over at Citi made a number of changes to the firm's "Champions" list Thursday morning. The list uses valuation and momentum metrics in order to classify stocks as either "champions" or "dogs."

The firm removed Apple (Nasdaq: AAPL) *gasp* while at the same time adding General Electric (NYSE: GE), J&J (NYSE: JNJ) and Ford (NYSE: F).

Despite the additions, shares of GE, J&J, and Ford are down 0.8 percent, 0.3 percent and 0.5 percent, respectively, in pre-market action Thursday.

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