« I think it’s too cheap to ignore »

Citgroup Inc. (NYSE:C) is one of them Jim Cramer shared his thoughts on stocks. Cramer highlighted the state of the bank’s Russian operations after discussing its latest quarter, as he commented:

« Last but not least is Citigroup, which delivered another good, solid quarter, the latest in a long streak of no-dramatic results under CEO Jane Fraser. Excluding one-time costs related to the sale of… its Russian operations, Citi’s revenue rose 8%, while earnings per share rose 35%. Citi’s interest income was 35% higher. But Bank of America also expects a 14% benefit. expected lower credit losses, which means confidence in the economy, but it’s not an operational number, it really needs to climb, as did the wealth unit, however, the wealth gap was very small.

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Citigroup Inc. (NYSE:C) provides financial products and services in banking, markets and wealth management.