NYSE:C

Citigroup Inc. (C)

122.69
+1.65 (1.36%)
as of Oct 27, 2026, 8:00:00 pm Market Closed.
143 watching
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DON'T BUY
Orphan child of money centre banks, not doing as well. It is inexpensive, but it's cheap for a reason. What's the catalyst that will move the needle? New management. Not enough there for him to invest. Likes the sector and the regionals. Banking is the place you want to be, just not here.
BUY
Options trading He just bought some calls. He saw people buying upside calls, so he pounced on it.
DON'T BUY
This stock was very very cheap but has had difficulty improving profitability. Has one of the lowest ROE's in the banking sector, Not very well run. He would own a different bank.
BUY ON WEAKNESS
It's down $18 from its $80 high and trading at a $17 discount from its tangible book value. It's a steal. One to consider nibbling at during this Omicron sell-off.
WATCH
There's a reason it's at a low valuation. They're just not executing. New female CEO with new ideas could be the catalyst to get it out of the doldrums. Her vision is a bank "of the soul". He'd need to see a little more before initiating a buy.
PAST TOP PICK
(A Top Pick Nov 11/20, Up 48%) Last year, it was an easy buy. Now, if the yield curve increases or loan growth happens, then the stock will do well. Valuation is not bad. Wait for a pullback to enter. The easy money has been made now.
DON'T BUY
It's the second-worst of the big banks. They beat their report yesterday, but expenses also rose. Consumer banking's revenues declined 5% as expenses rose 5%. No setbacks here to report, but Citi didn't make much progress either. The stock is trading cheaply, though.
DON'T BUY
They report Thursday. Citi is a perennial underachiever, which he doesn't expect to change.
PAST TOP PICK
(A Top Pick Oct 08/20, Up 59%) Too cheap to ignore last year. Still a good name at this point. Not as much visible growth until we get higher interest rates. With the recent correction, it's become a buy.
BUY
C vs. MS Likes the banking sector, US banks in general, and both these names. Citi is at its 200-day MA, pretty cheap at below book value of 0.77, a diversified bank. MS price to book is 1.9x, has done well, with more growth so you're paying up for it, more into wealth management and institutional securities.
TOP PICK

Yields 3% and trades at 70% tangible book value, half of other banks. Yes, it has regulatory problems like Wells Fargo had, but he's confident under new leaders will do the right things. He expects high-double-digit returns in the coming 5 years. (Analysts’ price target is $83.57)

DON'T BUY

Another turnaround story, but not convincing like Wells Fargo is. Without a big reserve release, Citi's report last week would have disappointed. It has trouble controlling its expenses; they raised their expense forecast. Citi is up only 11% YTD.

DON'T BUY
They report next week. He's unsure of their earnings quality. They have a new CEO. It's a cheap stock, but he wouldn't buy it.
WEAK BUY
It'll rise, but not as much. Today, the U.S. banks are allowed again to buyback shares and raised dividends, but Citi didn't announce it would do either. Disappointing. Shares are cheap, but won't rise as much as he expected if they were buying back shares.
PARTIAL SELL
Dividend and valuation are both still good. Earnings were unbelievable relative to where the stock is trading at. On a PEG basis, it is interesting. Looking at 2023 growth, it comes down a lot so there will be a time to sell the banks. One could shave a little now. They are cyclical names.
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