And how do I go about purchasing stocks? I know absolutely nothing at all.
thx ahead of time.
if you think that CitiBank is of "great" quality, you need a lot more help than anyone can give.
The CEO's letter to the employees said nothing about loan losses or other writedowns for the First Quarter. Banks don't evaluate the expense element of those except one a quarter in the last month of the quarter.
There is still plenty of reason why C might report yet another quarterly loss next month.
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that said, KO, PEP, and maybe GE all look at lot cheaper than they used to be. In the part, their management has been top drawer — although maybe GE's isn't any more.