Skip to main content

Lower Allure

Another holding's slide brings out another buy.
  • Author:
  • Publish date:
Comments

Citigroup (C) is trading lower this morning, and with my restrictions on the stock finally lifted, I want to continue picking away at the stock. It's trading at $53.01, down 32 cents, as I write this.

After you read this Alert, I will add 400 shares, which will bring my total position to 2,800 shares. That's a little under 4% of the portfolio, so if the stock falls further I'll definitely look to add to my position.

Regards,

Jim Cramer

DISCLOSURE: At the time of publication, Cramer was long Citigroup.

Send email to james.cramer@thestreet.com.