Jim Cramer on Citigroup: "It Remains the Cheapest of the Big Banks"

Citigroup Inc. (NYSE:C) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer noted the firm’s “remarkable recovery” under the CEO Jane Fraser, as he said:

“Lots and lots of banks made the final list, and I really liked two of them, one big and one small. The big one is Citigroup. Boy, is that strong. It should grow at a 28% clip next year. It trades at just 10.5 times the 2026 earnings estimates. Well, that’s, that’s strange. Citi’s made a remarkable recovery under CEO Jane Fraser. And even though the stock’s had a huge run, it remains the cheapest of the big banks. That’s why that disparity, it’s going to close to the upside.”

Citigroup Inc. (NYSE:C) is a global financial services firm that provides banking, wealth management, markets, and treasury solutions. The firm’s businesses include consumer and commercial banking, investment banking, securities trading, and wealth services for individuals, corporations, institutions, and governments.

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