Reported 2 days ago
Citigroup's stock is currently trading at a significant discount, 27% below its tangible book value, making it an attractive option for value investors. Under CEO Jane Fraser, the bank is working on improving its efficiency and has recently posted strong earnings, indicating a positive turnaround. Despite facing market volatility and challenges in investment banking, Citigroup's emphasis on core operations and its potential for growth could make it a compelling buy for investors looking for deals in the current market.
Source: YAHOO