| The Casual Investor | ||||||||||||
| Investing tips for those who are not yet rich | ||||||||||||
Stock Pick 12/3/2007: C
For today's stock, I'm going with Citigroup, Inc (C). Citigroup is a global corporation with a market cap of $165.87B and approximately 327,000 employees worldwide. They have a dividend of $2.16 per share, for an annual return of around 6.5%. Since Citigroup is a global company with a large market cap, it has the resilience to survive the current economic problems in the U.S. The dividend is good as well as sustainable, and the stock's P/E ratio is 9.00, which means it has the potential to gain value for the investor both in price and in number of shares (through dividend reinvestment). 2007-12-03 22:45:40 GMT
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