
NYSE:C
Financial sector has been leading other sectors by quite a bit other than today. News from yesterday’s election has put at bit of a dent in some of the financials. On the one hand, this will benefit from the seemingly recovering housing market but of course they have international operations that may affect it as well. He would prefer the J.P. Morgan (JPM-N) and Goldman Sachs (GS-N) type of banks.
If holding for 7-10 years then this is a level to buy it at. Bear in mind where the US is in the economic recovery. It is on the upswing. Is not interested in this for a shorter term hold.