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Turkey may be in turmoil, but Citi expressed cautious optimism on upside for six stocks, two of which trade in the U.S.

Citi lists two of its "highest conviction" names in Turkey. One is Coca Cola Icecek (COLAY and CCOLA.Turkey), the fifth-largest bottler in the Coca-Cola (KO) system. It is expanding outside of Turkey in Pakistan. Its shares are up 2% this year. The second stock is TAV Havalimanlari Holding (TAVHY and TAVHL.Turkey), which manages airport terminals. TAV shares are down 21% this year. Each stock is on the Citi Focus List CEEMEA. The Turkish lira has strengthened by 0.7% against the U.S. dollar this year; the iShares MSCI Turkey exchange-traded fund (TUR) is up more than 12% this year, outpacing the 7% gain in the iShares MSCI Emerging Market ETF (EEM).