Stall calm, and give this a month. The sale of the Mexican bank is coming, that will give them lots of cash, and they grew customers from this whole crisis. Enjoy a 5% dividend while you ride this out. It should be $50 in a month (10%+ return) and $55 in two months. If they can use some of the $ for a buyback, we will be back on the path to $60+.$Citigroup(C)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments