Buy Citigroup (C) and get a 15.5% compounded rate of return (C, rated BUY)
Posted on July 27, 2007 at 04:17 AM EDT
At $47.81, Citigroup, one of the biggest financial companies in the world, is a compelling buy for 5 reasons. 1. When Wallstreet found out about Eddie Lampert having a 15 million share position in Citigroup, the stock popped from $52 to $54. Now it's priced probably cheaper then when Lampert bought it. 2. You get a nice 4.5% yield for waiting for the stock to go up. 3. If the CEO Charles