Is Citigroup Now The Best In Financials

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So the market has finally gotten off of the double dip talk. While stocks still face many challenges, there is a strong sense that the market has likely bottomed for the year. While the fact that volatility has decreased doesn’t necessarily mean the market will continue to move higher, I think the stability in even beat-up sectors like the financials makes these historically cheap stocks worth researching a little more. The financial stocks bottomed around when the market hits its September low of 1060, stocks like Wells Fargo (WFC), Citigroup (C), JP Morgan (JPM), all have share prices that remain at or near their all-time lows. Investing in the financials has been in unrewarding endeavor…

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