Cramer’s Lightning Round – The Most Undervalued Bank in America (8/24/10)
Miriam Metzinger submits:
Stocks discussed on the lightning round session of Jim Cramer’s Mad Money TV Program, Tuesday August 24.
Bullish Calls:
Citigroup (C): "I am familiar with it… I’m familiar with the situation. I think that you have to wait until the government is finished selling Citigroup, before we see the full power of it. But it is, on a price-to-book basis, the most undervalued bank in America. And even better, it’s only 50% in America. So I remain loyal to Citi. I think Vikram Pandit [CEO] is doing a terrific job. It remains my favorite speculation. I’m not backing down just because the price action’s bad. I say buy Citi. I say stick with Citi. I say stick with Vikram Pandit."
