CNBC Stock of the Day — Citigroup — (C)
Taking a look at CNBC’s stock of the day, which today is Citigroup, up a little on its first quarter earnings, which were largely derived from increased trading profits.
I’m not really interested in Citi as a trading vehicle, but take a look at its twenty-year chart:
Citi could make a good choice for buy-and-hold investors who are betting on an economic comeback. Buy under $5, and hope it can make another run up to $50 some day, with dividends to boot. Good Luck!