The following video is from Friday's Investor Beat, in which host Chris Hill, and analysts Matt Argersinger and Jason Moser dissect the hardest-hitting investing stories of the day.
The government reports better-than-expected jobs numbers, and the Fed reports that most big U.S. banks passed the latest stress test. Citigroup (NYSE: C ) , Goldman Sachs (NYSE: GS ) , and Morgan Stanley (NYSE: MS ) finished at the top of the Fed's list. Is it time for investors to take stock in banks again? In this installment of Investor Beat, our analysts talk about what the news means for investors.
Citigroup's stock looks tantalizingly cheap. Yet, the bank's balance sheet is still in need of more repair, and there's a considerable amount of uncertainty after a shocking management shakeup. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot on your watchlist, I invite you to read our premium research report on the bank today. We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas that Citigroup investors need to watch going forward. Click here now for instant access to our best expert's take on Citigroup.
The relevant video segment can be found between 0:20 and 2:37.