What Makes Citigroup (NYSE:C) Stock a Buy

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Many institutional and retail investors have stayed away from banks or reduced their holdings in banks before this latest correction in the market.  Moreover, most banks have underperformed the S&P all year and one red flag is the U.S. Treasury yield curve has been flattening as short-term yields rise. Such a yield curve inversion could signal a looming recession. This is due to rising interest rates, worries about economic growth and trade tensions.

Commercial Banking is a highly fragmented industry. However, there are a few exceptions and one of those we believe is Citigroup Inc (NYSE:C). The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins and increase in net income. Citigroup Inc (NYSE:C) has a few notable strengths, which we believe should have a greater impact than any weaknesses. These strengths are the reason C Stock has been moving up over the past week, on Hade Platform investment grade making it a Top 30 stock.

Ironically, this stability in overall rating happens during a time when the overall market is falling, and as our investment grades as an average have consistently declined for the last four months, effectively predicting a correction. With overall investment grades still lower, we suggest holding large sums of cash and being very selective when making investment decisions. According tostock’s current grade, it might very well be one of those selective opportunities. Why should you trust our ratings? The Hade Platform has proven over the course of three years through the application of DLAs and artificial intelligence that it consistently outperforms Wall Street consensus estimates (63%) and major benchmarks such as the S&P 500 (250%). Access our premium services and start beating the market.

Free users on Hade Platform can build a watchlist of stocks and access investment grades from our database of more than 4,000 securities. Premium members can access the platform to get an instant look at which stocks rate highest for value, growth, dividend, and which have the greatest short-term momentum, thereby allowing members to identify areas of opportunity. Premium services include interest trends, risk analysis, machine learning predictions, Top 100 stocks, MatriX Portfolio and more.

 

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