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Question

WHAT IS HAPPENING WITH CITIGROUP

Submitted: 32 days and 18 hours ago.
Category: Finance
Value: $30
Status: CLOSED
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Optional Information

Country/State/Province of question: USA

Already Tried:
WHAT IS THE LATEST NEWS ON CITIGROUP STOCK SHOULD I HOLD IT

Accepted Answer

Dear XXXXXXX, There is absolutely nothing wrong in holding CITIGROUP shares. CITIGROUP faced some bad financial results in wake of US recession and subprime crises. But favorable federal monetary policies and fund infusions it well set on path of recovery. Fundamentally speaking the Group is on path of recovery, SO FAR AS SHARES OF CITIGROUP ARE CONCERNED, THEY HAVE BOTTOMED OUT AS WORST IS OVER FOR CITIGROUP AND THE SHARES ARE CERTAINLY TO SEE BETTER FUTURE VALUATIONS IN NEXT 2-3 YEARS. YOU SHOULD CERTAINLY HOLD. I hope the above helps... Regards,

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Expert: Milan Vaishnav
Pos. Feedback: 99.5 %
Accepts: 
Answered: 10/21/2009

Financial Advisor

Technical Analyst in Financial Markets -- Experience of more than 10 years in consulting

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