E Daily Stock Analysis: Citigroup

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The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its twelfth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the fourth of four financial services sector stock candidates vying to be that twelfth selection and second of nine financial services members of the Vista portfolio.

My subject today is a large-cap diversified bank, named Citigroup Inc. Its trading ticker symbol is C. This is my first ever report on Citigroup Inc for Vista and any of my five previous portfolios.

Citigroup is a global financial services company doing business in more than 100 countries and jurisdictions. 

Citigroup's operations are organized into two primary segments: the global consumer banking segment, which provides basic branch banking around the world, and the institutional clients group, which provides large customers around the globe with investment banking, cash management, and other products and services.

As of December 31, 2019, it operated 2,348 branches primarily in the United States, Mexico, and Asia. 

Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.

I use three key data points to gauge dividend equities or funds like Citigroup Inc (C):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

C Price

Citigroup's price per share closed at $57.02 Thursday. A year ago its price was $75.72. Price fell $18.70 or about 24.7% last year.

If Citigroup's stock trades in the range of $35 to $65 this next year, its recent $57.02 price might rise by $2.98 to reach $60.00 by November 27, 2021. 

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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