Citigroup Inc. (C)

42.02
NYSE
Prev Close 42.19
Day Low/High 41.52 / 42.13
52 Wk Low/High 32.00 / 83.11
Exchange NYSE
Shares Outstanding 2081.86B
Market Cap 87.83B
P/E Ratio 7.22
Div & Yield N.A. (N.A)

Latest News

Buy Entry Levels for Banks

Based in part because of the greater confidence I now have in the pivot from growth to value, I am raising my buy entry levels in the four banks I currently own.  Buy Levels Was   Now        $48 $50   $26 $27.50   $95 $100 $25 $26.50

Not a Trade, An Investment!

I just purchased , and for my personal pension plan. In size.

Time For Second Level Thinking?

* I believe so! * More evidence of a possible pivot from growth to value was seen today * I believe that pivot will continue (e.g.,banks should be the beneficiary of that pivot)   First Level Thinking: "The Fed will remain loose for years to come. T...

Citigroup

I aggressively bought more Citigroup just now. Up on @realmoney Why I Disagree with Citigroup bears (like @jimcramer) This is an investment but not a trade. Added aggressively this AM to name. @carlquintanilla Revlon screwup will be remedied, provis...

Snowflake's IPO, Fed Day, Trading Adobe, Cut Kraft?: Market Recon

Snowflake's IPO, Fed Day, Trading Adobe, Cut Kraft?: Market Recon

The FOMC, and Powell himself, will have to address the central bank's plan to target average consumer level inflation over time.

Guess Which Group Got Moving?

Guess Which Group Got Moving?

The Transports. Yes. You read that correctly. Let's see what else happened under the hood.

Yesterday's Moves and My TacticaI Strategy

At 6:30 am S&P futures were +21 handles and Nasdaq futures were +95.  While I continue to look for lower highs, I remain net long, now medium-sized, given the time (abrupt) and magnitude (around -10%) of the market swoon in the last 1 1/2 weeks.  To...

Is It Safe Now? Wall Street Bets on Science, Joy in Metville, Citi's Selloff

Is It Safe Now? Wall Street Bets on Science, Joy in Metville, Citi's Selloff

Electoral risk remains the monster under the bed, and it only grows as our legislators intentionally choose the blame game over honest cooperation.

Jim Cramer: Oil and Bank Stocks Are a Toxic Mix

Jim Cramer: Oil and Bank Stocks Are a Toxic Mix

People continually want to buy these names because they are cheap. But are they really?

In the Citi

Citigroup trading lower on a reserve build.

Jim Cramer: Sorry to Burst Your Bubble, but the Fed Bubble Talk Isn't True

Jim Cramer: Sorry to Burst Your Bubble, but the Fed Bubble Talk Isn't True

The Fed's money pumping has elevated new tech, but Jay Powell and the government haven't done any favors for many other stocks.

Jim Cramer: This Is a Day for Cash

Jim Cramer: This Is a Day for Cash

I have been telling you for weeks to raise cash -- we even sold a portion of every tech stock my charitable trust owns -- and here's why.

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

A Chinese Bottled Water Listing Creates a $50 Billion-aire

A Chinese Bottled Water Listing Creates a $50 Billion-aire

A record IPO in Hong Kong makes Nongfu Spring founder Zhong Shanshan China's third-richest man.

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Plus, an early look at third-quarter earnings expectations and an admonition to heed the words of Arthur Cashin.

The Market Is So (Spac)tacular I Want to Get Even Shorter

* A number of unique contributing factors - some with potentially weak/fleeting influence - have taken the S&P Index from under 2200 to over 3400 in the past five months * With today's price target hike of Apple to $700/share, Wedbush's Dan Ives has...

Jim Cramer: What 'V'-Shaped Recovery?

Jim Cramer: What 'V'-Shaped Recovery?

Don't confuse what's happening on the S&P with the nation's economy.

With This Market a Nice Bland Name Like Citigroup May Fit Well Here

With This Market a Nice Bland Name Like Citigroup May Fit Well Here

C has a vibrant and liquid options market, so even playing strategies like spreads and combinations is relatively easy to do.

The Reports of the Banking Industry's Death Are Greatly Exaggerated

* Between Monday and Wednesday Berkshire Hathaway lifted its Bank of America stake by 34 million shares (to 982 million shares) * BAC is my second favorite bank stock "The reports of my death are greatly exaggerated." - Mark Twain Following a rumor ...

Jim Cramer: Non-Traditional Banks Are Starting to Pull Away From the ETFs

Jim Cramer: Non-Traditional Banks Are Starting to Pull Away From the ETFs

Overall, the banks failed you again. But the future for two of them is much brighter than the past.

Bank of America Remains Attractive

* BAC is my second favorite bank stock  BAC reported second quarter profits of $0.37/share, well above consensus of $0.29.  The EPS upside was due to a lower than expected loan loss provision ($3.6 billion) and a reduced tax rate - not optimal, from...

Don't Bank on Banc of California's Dividend Staying Intact

Don't Bank on Banc of California's Dividend Staying Intact

The bank was turning in disappointing performances before Covid-19 hit, and the impact of the virus may only make things tougher.

Who Ya Gonna Believe, Them or the Markets' Seductive Lying Eyes?

* Look to the ground (as bank managements are), not to the sky * Most investors should consider taking a "time out" and maintain above average cash reserves  "Who ya gonna believe, me or your lying eyes?" - Groucho Marx, Duck Soup   While the focus ...

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

Jim Cramer: I Think Goldman Sachs Is an Amazing Buy

The fact that Goldman can make this much money in this environment is extraordinary. It's too cheap.

Citigroup Remains My Favorite Bank Stock

In late June I last updated Citigroup , in Citigroup In A Post Covid World.   Then I wrote:  ...Since then, the world has changed - and so have Citigroup and other banks' share prices. 2020 for Citigroup, as with other large money center banks, will...

Jim Cramer: Here's My Sore Thumb Index

Jim Cramer: Here's My Sore Thumb Index

This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.

Citigroup Could Continue to Be Just a Trading Affair

Citigroup Could Continue to Be Just a Trading Affair

Here's what what could be in store for the stock after its Q2 earnings report.

Citigroup and Wells Fargo

Citigroup's results, much like that of JPMorgan , shows a nice beat. Wells Fargo , not surprisingly, disappoints. I will have more on both - but I have to digest and go thru a series of conference calls.