The Next Wave of Growth for U.S. Banks
The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Citigroup is looking to open a physical presence in Iraq, projecting that by 2050 the Iraqi economy will be booming and one it wants to be a part of. But while international growth is going to be vital for Citigroup going forward, is opening more physical locations the right move for the company right now or does this start to stretch Citigroup a little thin?
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and CEO Michael Corbat still needs to prove himself. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot in your portfolio, read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup and what areas Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The relevant video segment can be found between 1:59 and 3:02.
The article The Next Wave of Growth for U.S. Banks originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America and JPMorgan Chase. The Motley Fool recommends and owns shares of Bank of America. It owns shares of Citigroup and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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