Should Citigroup Push Its Luck?
Mar 7th 2013 2:15PM
Updated Mar 7th 2013 3:35PM
Next week, the CCAR stress test results come out for the big banks, and with Citigroup having failed the test last year, everyone will be watching for the company to tread lightly this time around, and make it through with a passing grade. But, these tests also determine how much the banks will be allowed to raise their dividends, and investors want to know what, if anything, they can expect from Citigroup this year on that front. In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Citigroup's new CEO Michael Corbat, and Matt offers him the following advice: Please, be conservative, here.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shake-up. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, 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 article Should Citigroup Push Its Luck? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool owns shares of Citigroup. 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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