Citigroup Inc. (C)

47.91
NYSE : Finance
Prev Close 49.16
Day Low/High 47.56 / 49.48
52 Wk Low/High 32.00 / 83.11
Avg Volume 32.16M
Exchange NYSE
Shares Outstanding 2.08B
Market Cap 102.34B
EPS 8.10
P/E Ratio 6.11
Div & Yield 2.04 (3.79%)

Latest News

Equity Returns By Ratings

Certainly "obvious" in this environment, but I thought this to be a good visual from Citi : This is my chart of the day!

I'm Getting Thirsty

* Making some moves now... I have added to . I am reestablishing long positions in $99.90 and $103.70. I am adding to and .   I covered a small amount of my $303 and $101.30 shorts.

7 Preferred Stock and Fund Picks for Solid Income

7 Preferred Stock and Fund Picks for Solid Income

The stock market selloff provides an opportunity to pick up preferred shares at steep discounts to their normal values.

Adding to Citigroup

I added to today. My only Long purchase.

Taking the Sausage, Anchovies, and Meatballs Off My PZZA

Down to tag ends on Papa John's - its been a moon shot (but risk now exceeds reward). I am adding further to , , , and today ( +$0.88).

6 Financial Stock Picks for Value Investors

6 Financial Stock Picks for Value Investors

If you're looking for value, yield and have a three to five-year investment horizon, take note of these names.

Adding to C

My only trade today was adding to Citigroup at $42.15.

Mid-Caps Outperform, Funding 'Paycheck Protection', U.K. Vaccine Trials

Mid-Caps Outperform, Funding 'Paycheck Protection', U.K. Vaccine Trials

Trading volumes dropping on major indexes, U.K. teams begin human trials on a Covid-19 vaccine, and the U.S. Senate wants another stimulus package addition.

Kass: The Financial Sector, and My Experience With George Soros

Kass: The Financial Sector, and My Experience With George Soros

I have to respectfully disagree with Jim Cramer's conclusions in his recent column, 'No Wonder Bank Stocks Have Been Hit So Hard'.

Financial Stocks, George Soros and Me

* The robust level of bank industry "war chests" are being underappreciated by investors * The Banking Industry, as measured by earnings power (before LLP and one-time charges), reserve (and balance sheet) strength and loan diversification are well ...

Kass: Big Money Center Banks Are One of the Most Attractive Areas of the Market

Kass: Big Money Center Banks Are One of the Most Attractive Areas of the Market

There's are several reasons why Kass has been aggressively buying recent weakness in bank stocks.

Divining Earnings, Stunning Rebound, Trading Amazon

Divining Earnings, Stunning Rebound, Trading Amazon

Are the markets ready for a pause in this dramatic rebound? We are several weeks behind Europe in battling this pandemic and U.S. numbers are far worse. Time will tell.

We're Not Putting Stock in the Economy ... We're Putting It in the Fed

We're Not Putting Stock in the Economy ... We're Putting It in the Fed

The market has turned a blind eye to the economic challenges that lie ahead as the focus is on the government's massive creation of liquidity.

The Death of Capitalism

The Death of Capitalism

The seeds of this government takeover of markets were planted more than a decade ago.

In Dip Buying Mode

I am in a dip buying mode now. I remain of the view that we do not retest -- in fact, we may not get close to a test. I bought small (for trades) on this morning's quiet session -- trading around cores. As mentioned I like Goldman Sachs and Citigrou...

Flavors of the Month?

I like the way Citigroup and Goldman Sachs are trading. They are in my top 10 individual holdings - though as investments and not trades. They have a "different" and better look in the last week.

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 t...

A Reason to 'Chase'

A Reason to 'Chase'

CEO Jamie Dimon is back and the firm is in good shape, even if times are rough, so I plan to add on weakness.

Key Takeaways: Another Day of Spastic, Unpredictable Intraday Moves

* The Indexes looked "like death" on multiple occasions today -- the market bent, but didn't break and ended strongly higher by day's end. * To me, short-term trading remains, at best, difficult in a market featured by silly high volatility and rand...

Is Now a Good Time to Buy Banks for the Long Run?

Is Now a Good Time to Buy Banks for the Long Run?

Given the current price pattern in the banks, I see no reason to rush to buy them at this point.

A Trio of Financials That Could Provide Unusual Long Term Value

* Morgan Stanley, Goldman Sachs and Wells Fargo are on deck this morning * Will 2021 mark a renaissance for investment banking and for investment bankers MS and GS? * There is an opportunity today to become a "partner" in Morgan Stanley and/or Goldm...

Long Adds

On the opening I added to my , and longs.

Less Pontification, More Bottom-Up Ideas

* Will be forthcoming... At all times, but particularly during a crisis, circulating bottom-up investment ideas is of paramount importance. Don't get me wrong, a market view is very important - and so is the analytical discussion surrounding that ma...

I Remain Aggressively Long Money Center Banks

* On Monday I analyzed/stress tested BAC (my second favorite bank stock on reward vs. risk basis) * Today I look at revised EPS and price target models for JPM and C (my current favorite bank stock) * I continued to add to my money center bank holdi...

PENN Sold, Adding to 5 Others

I sold out my trading long rental on Penn Gaming  based on the announcement of a refinancing. More later. I added to , , , and this morning.

Bank of America and the Large Money Center Banks Represent Unusual Intermediate Term Value

* Over the weekend I "stress tested" Bank of America's earning projections (and that of the other money center banks) * The Covid-19 inspired recession will result in only about a 5-6 quarter long push back of normalized EPS for BAC * Though earning...

Q2 Earnings Expectations, 4 Key Economic Questions, Trading Abbott Labs

Q2 Earnings Expectations, 4 Key Economic Questions, Trading Abbott Labs

I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.

I See a Smorgasbord of Possible 'Generational' Opportunities: Constructing an Investment Portfolio for the Next 1-3 Years

* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...