Tag Archive
Don’t Buy What You Don’t Understand
A friend of mine asked me recently: “Would do you think of Citibank’s stock. I understand the current situation of the finance sector, but what do you think of Citibank?” This is not the first time someone has asked me. A cousin of mine told me he bought Citibank at $5 and I told him... »
Wall Street Bail Out
The government opened up $700 billion to our banking institutions. Some argue that Hank Paulson is partial to his friends at Goldman Sachs. Afterall, these same companies paid out millions of dollars in bonuses to their execs just last year – execs who are supposed to safeguard investor interests. First, the mortgage crisis was... »
Some American Brands Still have Integrity
In the current economic and stock market environment, where questions have been raised around business ethics, salaries and layoffs, and tarnished images of once revered American brands like Citigroup, AIG, Ford, GM, Countrywide, Lehmann Brothers, Bank of America, WaMu, Bear Stearns and many more flash across our eyes in one negative context after another,... »
Two Stocks to Buy Now – Priceline and Visa
The recent market correction has left many investors shell-shocked and bottom picking value seekers in the red. From financials to tech to energy, the fate of stocks like Citi (C), Exxon (XOM), Apple (AAPL) and Google (GOOG) have left investors scratching their heads. How is it that the world’s most powerful name in banking... »
Time to Buy Financials
With the market looking like it put some kind of bottom on Wednesday, an financials rebounding the way they did, it is time to buy the beleagured names like Citigroup (C) and maybe even some Merrill Lynch and Morgan Stanley here. These stocks have gotten too cheap and the risk/reward is certainly favorable at... »
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