Friday, October 13, 2017

Citigroup: Don't Fight Capital Returns Tailwinds

Citigroup reported solid Q3 results.
Capital returns provided strong tailwinds for the stock.
Citigroup offers the best yield in the large financial sector.
Prior to the open, Citigroup (C) reported another quarter of solid earnings, backing up my long-held investment thesis that the financial was a huge value. During the quarter, the large financial ramped up capital returns, providing a large tailwind that the market keeps fighting.

Read the full article at Seeking Alpha. 

Disclosure: Long C. Please review the disclaimer page for more details. 


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