Citibank – Value Stock or Over Priced Stock?
Citibank – Value Stock or Over Priced Stock? I have been officially bearish on Citi since 2007. Please see my article under Net Advisor profile where is says, “Companies currently in financial trouble in my opinion in this order;” #4 Citigroup (C).
So where are we now? Is Citigroup a value stock or could it still be over priced?
Keep in mind that just because a stock price is “low” does not mean is a good value. In fact, it could be a Value Trap.