The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Citigroup (NYSE: C ) is looking to open a physical presence in Iraq, projecting that by 2050 the Iraqi economy will be booming and one it wants to be a part of. But while international growth is going to be vital for Citigroup going forward, is opening more physical locations the right move for the company right now or does this start to stretch Citigroup a little thin?
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and CEO Michael Corbat still needs to prove himself. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot in your portfolio, 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 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 1:59 and 3:02.