Q: CITI CA seems to be the same as CITIGROUP USA. How are these two different. If I buy CITI CA will it appreciate the same as CITI USA?
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Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I note that CITI Group looks cheap with a P/E of 5.7X. It also has a nice yield of 4.16% and a Book Value twice that of it's share price. I would appreciate you opinion of this company as a long term hold. Also, I would appreciate your opinion regarding the significance of P/E and Book Value.
Read AnswerQ: Do you think Citi's high dividend is sustainable? How do you think this bank in long term? Is it good time to initiate a position right now? Thanks.
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Q: I notice that with it's new FDIC unlimited guarantee SVB is marketing itself as the safest bank for depositors. With an unlimited guarantee, it is equivalent to holding reserves at the central bank. How does the competition respond if their guarantee is limited to $250k, or as is the case in Canada, $100k? How will banking change now that depositors know that they can be made safe/whole by the stroke of a regulators pen? Are we looking at a fundamental change to banking? How should investors position for this?
Your thoughts are appreciated.
Mike
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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Purpose High Interest Savings Fund (PSA)
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Horizons High Interest Savings ETF (CASH)
Q: With bank failures in the forefront these days would you still consider HISA ETF's safe in this environment? Will the issues in the banking sector affect the NAV prices of these ETF's?
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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U.S. Bancorp (USB)
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Wells Fargo & Company (WFC)
Q: Good afternoon.
Please provide me with a list of your top - rock solid - US Banks.
Are there any with a yield of 4% or greater that will have dividend and price growth.
Thanks.
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AbbVie Inc. (ABBV)
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Citigroup Inc. (C)
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Realty Income Corporation (O)
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Verizon Communications Inc. (VZ)
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Williams Companies Inc. (The) (WMB)
Q: Good Morning 5i.
I am looking for some US income suggestions.
Preferably with yield’s in excess of 4%.
Long term - safe and secure - holds with potential for dividend and value growth.
Thanks very much.
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Broadcom Inc. (AVGO)
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Bank of America Corporation (BAC)
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Boston Scientific Corporation (BSX)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Morgan Stanley (MS)
Q: Hi 5i happy new year! I believe its time to step into US perpetual preferred shares due to interest rates. I'm having problems finding these and I'm hoping you can help. Quality needs to be high to the highest as this is for my retirement. I am an advocate of diversification so please if you can have a few stable sectors listed, thanks!
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Amazon.com Inc. (AMZN)
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Microsoft Corporation (MSFT)
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NVIDIA Corporation (NVDA)
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Bank of America Corporation (BAC)
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BlackRock Inc. (BLK)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Thermo Fisher Scientific Inc (TMO)
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UnitedHealth Group Incorporated (DE) (UNH)
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Montreal (BMO)
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Bank Nova Scotia Halifax Pfd 3 (BNS)
Q: Hi Peter,
I will soon be receiving my pension funds from my ex-employer to put in my LIRA.
Can you suggest a few stocks with a decent upside....time frame 10-15 years.
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Costco Wholesale Corporation (COST)
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BlackRock Inc. (BLK)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Target Corporation (TGT)
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Thermo Fisher Scientific Inc (TMO)
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UnitedHealth Group Incorporated (DE) (UNH)
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Walmart Inc. (WMT)
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Constellation Software Inc. (CSU)
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Blackstone Inc. (BX)
Q: could you suggest a few canadian and us equities you would recommend today for a balanced approach, and a brief supporting comment...thank you
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Apple Inc. (AAPL)
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Alphabet Inc. (GOOG)
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Microsoft Corporation (MSFT)
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NVIDIA Corporation (NVDA)
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Nike Inc. (NKE)
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Target Corporation (TGT)
Q: I have some $US to invest. What would you recommend? And why?
Thanks for your help
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Apple Inc. (AAPL)
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Amazon.com Inc. (AMZN)
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Alphabet Inc. (GOOG)
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Microsoft Corporation (MSFT)
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NVIDIA Corporation (NVDA)
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Nike Inc. (NKE)
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Target Corporation (TGT)
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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Bank of Montreal (BMO)
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Constellation Software Inc. (CSU)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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goeasy Ltd. (GSY)
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Trisura Group Ltd. (TSU)
Q: Understanding that we are currently seeing significant negative sentiment and volatility, can you please rank your current top Cdn and U.S. quality-name buying opportunity candidates that will reward patient investors with 3-5 year time horizons?
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AbbVie Inc. (ABBV)
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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JP Morgan Chase & Co. (JPM)
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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Enbridge Inc. (ENB)
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Sun Life Financial Inc. (SLF)
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Capital Power Corporation (CPX)
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Blackstone Inc. (BX)
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Vanguard High Dividend Yield Indx ETF (VYM)
Q: i would like to buy an etf (vanguard) with safety or stock with a high yield during these unsettled times
What would you advise ?.Can you please give me a few choices
GHB
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Citigroup Inc. (C)
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Lundin Mining Corporation (LUN)
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Teck Resources Limited Class A Multiple Voting Shares (TECK.A)
Q: I am down substantially in LUN and thinking about harvesting the loss and investing in TECK. Your thoughts? Good idea or just stay out of minerals for now? Thanks
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Q: What are your thoughts on US bank prices. Specifictly Citigroup it seems very cheap at . .6 times book value. If it wasn't for the war at what price would you see the US banks today. lower, higher or much higher than todays prices. My average price is 55 dollars. Sell hold or buy today.
Thanks for the great advise
Hubert
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Bank of America Corporation (BAC)
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Citigroup Inc. (C)
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Goldman Sachs Group Inc. (The) (GS)
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JP Morgan Chase & Co. (JPM)
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Morgan Stanley (MS)
Q: Do you think the selling in US banks is overdone? They have really taken a big hit lately. I would think with rising rates, they would be going up instead of dropping. Is this because of the war in Ukraine and their interests in Russia, or are there other factors at play here?
Which one is your favourite right now? I don't own any of them, but am thinking of starting a position.
Q: I understand that JPM is processing Russian bond interest payments. Please explain JPM’s role. Are they supporting the Russian economy by doing this? I am considering selling my small position in JPM. Does this make sense or is it simply naive? Thanks as always
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Q: Given the disappointing earnings and the subsequent drop in share price would C currently provide a opportunistic entry point for total return?
With appreciation.
Ed
Q: I don't understand why this bank is such a poor performer relative to its peers. It is understood that their ROA is low relative to other banks but this metric continues to improve. Is it time to give up on this stock?
Read AnswerQ: Citi continues to be the perennial underachiever in its club. I trimmed down to a half-position months ago. From reading the financial media, I sense that the relatively new CEO should be able to push Citi out from its corner where it sits wearing a dunce-cap. One worries however about the massive costs inevitable in most turnarounds. Do you have an opinion on whether such costs are implicit in Citi’s current low price. Is it worth topping up the position? If no, what is better — ride it out or give up on the poor thing before it makes me poor? I sometimes hold on to securities that are generally disliked because they often turn out to be strong performers later.
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