Jim Cramer Says Citigroup Will Get Praised Regardless

Citigroup Inc. (NYSE:C) is one of the stocks that Jim Cramer shared insights on. While discussing the company during the episode, Cramer noted:

“One thing’s for certain, it doesn’t matter what CEO Jane Fraser says at Citigroup, everyone’s going to raise price targets and praise the bank anyway.”

Citigroup (NYSE:C) delivers financial products and services, including investment banking, trading, wealth and personal banking, treasury and securities solutions, serving institutional, corporate, government, and consumer clients across global markets. During an April episode, when a caller inquired about the company stock, Cramer recommended buying despite Citigroup (NYSE:C) not being his favorite stock.

“I want you to buy Citi. It’s not my favorite. You’re absolutely right. I sold Wells, just one more consent decree knocked down. Capital One is my absolute favorite. I think you should buy that aggressively, but I like your idea.”

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Disclosure: None. This article is originally published at Insider Monkey.