In this segment from Thursday's edition of Investor Beat, Motley Fool analyst Matt Koppenheffer tells investors why Citigroup (NYSE:C) is a stock on his radar today.
After having its capital plan rejected by the Fed due to unsatisfactory risk management during the Fed's annual banking stress tests, the market turned on Citigroup, and the stock saw a sell-off. Matt however sees a lot more to the story than just a simple rejection, and tells investors why this Citigroup stock sale could represent a great time to buy.
Alison Southwick has no position in any stocks mentioned. Matt Koppenheffer owns shares of Citigroup. The Motley Fool owns shares of Citigroup. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.