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Compiling comments that experts make about stocks while on public TV.

2017-03-20

Opinion for CitiGroup (C-N)

Signal Price Bias Subject Owned
BUY on WEAKNESS $59.590 UNKNOWN NORTH AMERICAN Unknown

All the banks have had a great run since the Trump election, partly premised on deregulation. Dodd-Franks has been a burden, so deregulation will be good for them. If the regulatory burden gets less, they would then have a lot of excess capital, which could potentially be returned to shareholder by dividends and buybacks. Compared to Canadian banks, this is still very cheap, especially on Book Value. This one is very exposed to international markets, and Mexico comes to mind. On balance, it is probably a good one to get into, preferably after a pullback after its very strong run.

Jim Huang
President, T.I.P. Wealth Management

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