Citigroup Inc. (C)

It's had a good year, long overdue, up 66% this year. By far is the cheapest among peers in PE, book value and dividend yield. Cheaper because profitability is less, however, the CEO is increased profits steadily in recent years and close the gap with peers.

Probably the cheapest of the big money-centre banks in the US, trading below book value. Going through a lot of changes.

It's leaning into high-growth areas of investing banking and wealth management as it controls costs. Is hitting 52-week highs. He expects news this week that they will get out of regulatory hot water. 

When he bought it, there was a revolving door in the C suite, and had too much international business. The new CEO sold much of that foreign business. They went from trading at 70% of book value to 90%. Will benefit from a steepening yield curve. He see $7.60 earnings this year and $9.50 in 2026.

Not trimming. Just beat and raised on latest quarter. All segments showing growth. Cost-cutting story combined with improving macro. Executing on its transition. More in the tank.

It was under-owned and cheaper than it should be when they bought it. It is a transformational story with tailwinds for banks coming along. Has a good growth rate at 10X. Still good to buy.

Projected 28% earnings growth in 2026, yet trades at only 10.5x PE 2026. Despite a huge run, up 66.5% this year, it remains the cheapest big US bank.

New CEO has won back confidence of the street. Solid earnings growth plus expansion of earnings multiples. It was an ordinary company, trading inexpensively, but with a glimmer of hope that it could distinguish itself. And the multiple re-rated upward. Still a very good hold.

Is up 41% this year, but trades at a low PE and yields 2.4%. Has room to run. Great CEO.

Doesn't mind trimming a bit here. Likes the story longer term, especially US banks. If he's correct, financials should do well until late 2027 or first half of 2028. Market's extended, plus expects some sort of negative catalyst in the next couple of weeks. Wouldn't be surprised by a pullback. Big support in low $80s.

If you don't want to be too tactical, just hold and let it run till 2027. If you want to get fancy, trim around 2% and look to get back in on weakness.

They reported a big top and bottom line beat, sending shares rallying today. All five segments grew last quarter, led by wealth management (up 20%). Higher costs from their turnaround should decline next year, which the market liked to hear. The CEO is turning things around. Will keep climbing.

Is the biggest and best of the money centre banks, but trades at 2.2x book value vs. Citi's 0.7-0.8x book. Citi was punished but is under a new CEO. Citi is less exposed to international markets and that volatility. Numbers are showing positive. He likes both. But JPM is fully valued though continues to do good things. The other is a little riskier, but more potential upside.

It is not a U.S. bank he would buy today. It has made an effort to improve operations since 2008 but is one of the less profitable banks. It is an international bank and is spread too thinly. He would buy JP Morgan

Higher highs, higher lows. Repaired damage from the tariff tantrum. Looks as though it wants to push higher. In the middle of a range, looking positive. Likely to see new highs before we get to the choppiness of August.

Likes the valuation of 8x PE, and growing ~24%. Tailwinds from Trump administration with bank de-regulation. Benefiting from years of cleanup and cost cuts. Earnings up 21% in last quarter. Fixed income was up 8%, equities were up 23%. 

Yes, the tape can toss you around if we go into a bear market. And yes, this name would sell off along with all the other banks. But at this price, with this level of growth, it's a really good bet on risk/reward. Yield is 3%.