SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Suma who wrote (21018)4/2/2005 3:23:55 PM
From: Paul Senior  Read Replies (2) of 78944
 
Imo Summa, BAC and C are buys at current price. I have small positions in both, intending to add if these stocks drop further.

C's poor management, crummy business decisions, greedy loans to sleazy financiers and third-rate companies, and the punishment of the company by justifiably (imo) angry government regulators --that's all trumped by Citigroup's very strong business franchises (global one stop, economies of scale, etc.). In other words, C screws up but keeps coming back. I'll bet it'll continue to do so. (both the idiotic and repugnant business practices and the muddling through).

There's a dividend yield that might offer some downside protection to the stocks. C has increased its dividend for the past eight years, BAC twelve consecutive years.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext