More Millionaires on the Way
The following video is from Tuesday's installment of the Motley Fool Financials Show, in which analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
The number of millionaires worldwide is projected to grow by 6.5% annually over the next three years. In this segment, Matt picks out two financial stocks poised to profit from an increase in the population of the very rich.
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, I invite you to 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 1:56 and 2:40.
The article More Millionaires on the Way originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool 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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