10 Best Warren Buffett Stocks to Buy Right Now

6. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Investors: 101

One of the Best Warren Buffett Stocks and American global investment banking firm, Citigroup Inc. (NYSE:C) provides its customers with a broad range of associated products and services. Global Consumer Banking, Institutional Clients Group, and Treasury and Trade Solutions are the three main business sectors into which the corporation divides its operations. The business makes use of its wide clientele and global reach in an effort to improve its competitive edge. The stock has shot up by nearly 4% year to date.

Citigroup Inc.’s (NYSE:C) net income jumped by almost 40% to $12.7 billion in fiscal year 2024, surpassing its yearly revenue goal. This growth was fueled by solid performances in its Services, Wealth, and US Personal Banking segments. The business successfully completed a significant restructuring, increased its efficiency ratio, and handled expenses well. Revenue for the year came to $81.1 billion, up 3% from the year before.

In 2024, Citigroup Inc. (NYSE:C) distributed $6.7 billion in dividends and share repurchases, demonstrating its dedication to shareholder returns. It has a 34-year history of consistently paying dividends.

BofA maintained its Buy rating on Citigroup Inc. (NYSE:C) shares and increased its price objective from $95 to $100. The analyst tells investors that despite the recent tariff headlines, there is still hope that a pro-business Trump administration will lead to stronger customer activity. This conclusion is based on the firm’s meetings with more than 30 Wall Street and Main Street banks at BofA’s annual financial services conference. In response to growing confidence in regulatory relief and EPS growth, the firm lifted price estimates for a number of globally significant banks.