Deepak Rathour (Swapneil)
Thursday, December 18, 2014
Falling in love may one of the greatest feelings ever. There is an actual chemical process that happens to a person who is falling in love. All of the senses have a greater intensity. Colors seem brighter, sounds more resonant and smells more powerful when you are in love. When you are with your lover there is no greater feeling in the world, and when you're not you spend all your time thinking of each other. Falling in love is truly an awesome feeling.
Monday, October 20, 2014
Citigroup just reported a blowout quarter, beating consensus estimates on revenue, expenses and earnings.
A withdrawal of retail operations in 11 markets signals an easing of global growth and expansion plans and a renewed focus on expanding operating margins.
Citigroup is more positively levered to interest rates than competitors like Wells Fargo and Bank of America.
Citigroup trades at a forward P/E of just 9 and a 26% discount to book value.
The March 2015 Fed stress test will be a key hurdle, but I expect the bank to pass and finally initiate its planned stock buyback and dividend increase.
A withdrawal of retail operations in 11 markets signals an easing of global growth and expansion plans and a renewed focus on expanding operating margins.
Citigroup is more positively levered to interest rates than competitors like Wells Fargo and Bank of America.
Citigroup trades at a forward P/E of just 9 and a 26% discount to book value.
The March 2015 Fed stress test will be a key hurdle, but I expect the bank to pass and finally initiate its planned stock buyback and dividend increase.
Citigroup (NYSE:C) is just one of a number of banks that reported solid earnings numbers for the 3rd quarter last week. Citigroup stock did remarkably well overall considering the level of volatility in both...
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