Q: interesting blog on p/bvps and p/tbvps, what do you think of citi using these metrics as a value play? seems to me it might be a good investment. tkx pat
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Great Run for US Banks since President Elect Trump is in.
Between Citigroup and Bank of America which is a Better Long Term Growth Investment in this field.
Between Citigroup and Bank of America which is a Better Long Term Growth Investment in this field.
Q: Two part question:
1. Do the large US banks have more room to run or is the expected rate increase pretty much baked in?
2. To buy BAC and C I have to move $Cdn cash to my US$ accnt. Currency conversion can impact outcome. At 75c the $Cdn is up a bit. Should I buy now before the likely US interest rate increase? Or(2A) wait for a possible softening in the market around year end/ new year? Thanks for answering - but more importantly for your integrity, which was on display recently in your answer to the Forge First question.
1. Do the large US banks have more room to run or is the expected rate increase pretty much baked in?
2. To buy BAC and C I have to move $Cdn cash to my US$ accnt. Currency conversion can impact outcome. At 75c the $Cdn is up a bit. Should I buy now before the likely US interest rate increase? Or(2A) wait for a possible softening in the market around year end/ new year? Thanks for answering - but more importantly for your integrity, which was on display recently in your answer to the Forge First question.
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Bank of America Corporation (BAC $49.38)
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Citigroup Inc. (C $115.25)
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BMO Equal Weight US Banks Index ETF (ZBK $41.97)
Q: I am thinking of adding US financial services to my diversified rsp portfolio. I am ideally looking for a CDN dollar etf that invests in/takes advantage of value priced US financials at close to book. Bank of America, Citigroup are examples. Time frame is 7 to 10 years. Thanks as always
Q: I have owned Citigroup for a year and as a growth stock it's been stuck in the mud. I was about to sell it and I see Citigroup made a large acquisition yesterday. Should I hold or sell this stock.
Q: Please provide your opinion on the US banking sector and specifically Citi Group. Many thanks. Best, Don
Q: Please comment on citigroup c and qualcomm qcom. Would they be good investments at this time?
Q: Good Morning: As things change and bond yields rise and the risk on play becomes more evident the U.S. market is being called the place to go. With 25K to invest which of Bank of America or Citigroup would be the best choice; or do you have a better idea? Already have aig which has done very well. Regards Michael