Buy, Sell, or Hold: Citigroup
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu discusses topics around the investing world.
The banking industry has been beaten down in recent months and years. Citigroup has been one of the big bank laggards and its latest earnings didn't help. But there may be opportunity here. Anand makes a buy, sell, or hold call on Citigroup.
Anand believes Citigroup is a buy, but a speculative one reserved for those who can take a leap of faith and take on high risk. He wrote about a smaller, simpler bank that has some of the best operational numbers he's ever seen. Read about it in our brand new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to take a free copy to find out the name of the bank Anand believes Warren Buffett would be interested in if he could still invest in small banks. Click here to access it now.
At the time this article was published Anand Chokkavelu owns shares of Wells Fargo, JPMorgan Chase, Citigroup, and Bank of America, call options on Bank of America, and warrants on JPMorgan Chase, Citigroup, and Wells Fargo. The Motley Fool owns shares of JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo and has created a covered strangle position on Wells Fargo.Motley Fool newsletter serviceshave recommended buying shares of Goldman Sachs. Try any of ourFoolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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