NYSE:C
72.45
0.09
(0.12%)
Citigroup Inc. or Citi is an American multinational investment banking and financial services corporation headquartered in Manhattan, New York City.
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Analysis and Opinions about C-N
Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
February 8, 2019
(A Top Pick Jan 12/18, Down 17%) December almost caused him heart failure. There was either something systematic happening in the economy or their balance sheet was in severe trouble. He wants to see a pullback to $57 to consider buying it again. He would be worried about the economy if this retests the recent lows.
Show full opinionHide full opinion
(A Top Pick Jan 12/18, Down 17%) December almost caused him heart failure. There was either something systematic happening in the economy or their balance sheet was in severe trouble. He wants to see a pullback to $57 to consider buying it again. He would be worried about the economy if this retests the recent lows.
HOLD
HOLD
February 1, 2019
With five interest rate hikes last year they should have done better. He might consider another bank, but would continue to hold. He thinks rates could resume going higher next year, so you are better to stick with it. Yield 2.8%.
Show full opinionHide full opinionWith five interest rate hikes last year they should have done better. He might consider another bank, but would continue to hold. He thinks rates could resume going higher next year, so you are better to stick with it. Yield 2.8%.
COMMENT
COMMENT
January 28, 2019
Struggling with the other financials in a toppy market. It's holding at current levels, which are at the lower end though. He doesn't expect it to break $60, but will stay close to where it is now. The market will remain volatile but in a tight range.
Show full opinionHide full opinionStruggling with the other financials in a toppy market. It's holding at current levels, which are at the lower end though. He doesn't expect it to break $60, but will stay close to where it is now. The market will remain volatile but in a tight range.
BUY
BUY
January 18, 2019
Their earnings are beating. 15% growth this year. Trading at 8x PE. Well-capitalized. He likes this.
Show full opinionHide full opinionTheir earnings are beating. 15% growth this year. Trading at 8x PE. Well-capitalized. He likes this.
DON'T BUY
DON'T BUY
January 8, 2019
Bank of America vs Citigroup. There's some good opportunities but maybe not something you want to invest in right now. Deposits competition is heating up. Net interest margin moving the wrong way. Deposits costs are higher. Credit isn't terrible right now. Not that the banks are a terrible spot, you're probably going to do fine. Dividends are totally safe. But is this really going to get you a great return right now? Better places to be, and probably better countries.
Show full opinionHide full opinionBank of America vs Citigroup. There's some good opportunities but maybe not something you want to invest in right now. Deposits competition is heating up. Net interest margin moving the wrong way. Deposits costs are higher. Credit isn't terrible right now. Not that the banks are a terrible spot, you're probably going to do fine. Dividends are totally safe. But is this really going to get you a great return right now? Better places to be, and probably better countries.
TOP PICK
TOP PICK
January 4, 2019
A very well known global bank that has emerged well from the 2008 crisis. Trades under 8 times forward earnings. They raised their long term guidance last year and see their ROE at 14-16%. It trades at book value. Yield 3.3%. (Analysts’ price target is $79.17)
Show full opinionHide full opinionA very well known global bank that has emerged well from the 2008 crisis. Trades under 8 times forward earnings. They raised their long term guidance last year and see their ROE at 14-16%. It trades at book value. Yield 3.3%. (Analysts’ price target is $79.17)
COMMENT
COMMENT
December 7, 2018
Bank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
Show full opinionHide full opinionBank of America vs Citigroup – Both of these have earnings forecasts that are growing compared to the rest of the US bank sector that looks weak. He thinks both are excellent value and are good buys currently. He wishes the US banks would stop buying back shares and pay out dividends instead – like the Canadian banks. He thinks this might require regulatory support first.
COMMENT
COMMENT
November 28, 2018
JP Morgan vs Citi Group – He likes the American banks. They took profit on JP Morgan a while ago although he thinks it is a more premium holding. CITI is a cheaper stock and he thinks they are planning to do a share buy-back. He prefers to own Bank of America.
Show full opinionHide full opinionJP Morgan vs Citi Group – He likes the American banks. They took profit on JP Morgan a while ago although he thinks it is a more premium holding. CITI is a cheaper stock and he thinks they are planning to do a share buy-back. He prefers to own Bank of America.
SELL
SELL
November 16, 2018
Chart looks good, though US financials have been acting quite poorly. He’s taking wins in his US banks, because they’ll bear the brunt first.
Show full opinionHide full opinionChart looks good, though US financials have been acting quite poorly. He’s taking wins in his US banks, because they’ll bear the brunt first.
BUY
BUY
November 15, 2018
Likes the valuations of American banks despite pressure. This sector is far better capitalized than in 2008. He likes Citigroup at these levels. Consider this as a long-term play (5-10 years).
Show full opinionHide full opinionLikes the valuations of American banks despite pressure. This sector is far better capitalized than in 2008. He likes Citigroup at these levels. Consider this as a long-term play (5-10 years).
PAST TOP PICK
PAST TOP PICK
November 13, 2018
(A Top Pick Dec 19/17, Down 11%) Disappointed with how U.S. banks have done this year. They've performed fundamentally, but the stock price hasn't risen. There's lots of gas in the tank; some rotation will make these banks do well.
Show full opinionHide full opinion(A Top Pick Dec 19/17, Down 11%) Disappointed with how U.S. banks have done this year. They've performed fundamentally, but the stock price hasn't risen. There's lots of gas in the tank; some rotation will make these banks do well.
DON'T BUY
DON'T BUY
November 12, 2018
We are just starting to see the first signs of credit strain last quarter. But C-N trades quite cheap. He prefers other US banks like JPM-N. The big guys have more levers to pull to get through the credit storm. C-N will have some revenue headwinds. Now is not the time to plow into financials.
Show full opinionHide full opinionWe are just starting to see the first signs of credit strain last quarter. But C-N trades quite cheap. He prefers other US banks like JPM-N. The big guys have more levers to pull to get through the credit storm. C-N will have some revenue headwinds. Now is not the time to plow into financials.
COMMENT
COMMENT
November 12, 2018
C-N vs. GS-N He likes American banks. CITI peaked at the start of 2018 and is now drifting lower. Their uptrend from 2016-2018 could repeat. This could fall back to the $60 level of resistance. Goldman (GS-N) has a similar chart, but its drop this year had been more severe. Their support level is strong at $200 (it's been testing many times). GS-N is less risky.
Show full opinionHide full opinionC-N vs. GS-N He likes American banks. CITI peaked at the start of 2018 and is now drifting lower. Their uptrend from 2016-2018 could repeat. This could fall back to the $60 level of resistance. Goldman (GS-N) has a similar chart, but its drop this year had been more severe. Their support level is strong at $200 (it's been testing many times). GS-N is less risky.
PAST TOP PICK
PAST TOP PICK
November 7, 2018
(A Top Pick Oct 12/17, Down 3%) It's cheap, trading below 1x price-to-book. Decent growth. They're committed to share buybacks and dividend increases. What's hurt them is they are very international with more than 50% of revenues outside America. That's why it's been sideways lately. As long as the US economy is firm, US banks will perform decently.
Show full opinionHide full opinion(A Top Pick Oct 12/17, Down 3%) It's cheap, trading below 1x price-to-book. Decent growth. They're committed to share buybacks and dividend increases. What's hurt them is they are very international with more than 50% of revenues outside America. That's why it's been sideways lately. As long as the US economy is firm, US banks will perform decently.
BUY
BUY
November 6, 2018
The U.S. banks will have another run. He prefers another American bank, but Citi is fine. There'll be tailwinds, not headwinds for American banks after this correction. You can add to Citi now.
Show full opinionHide full opinionThe U.S. banks will have another run. He prefers another American bank, but Citi is fine. There'll be tailwinds, not headwinds for American banks after this correction. You can add to Citi now.
