10 Dirt Cheap Stocks To Invest In Now

2. Citigroup Inc. (NYSE:C)

Forward P/E Ratio: 8.33

Earnings Growth This Year: 19.13%

Number of Hedge Fund Holders: 101

Citigroup Inc. (NYSE:C) is a global financial services company that operates through various segments to provide diversified services. Its segments include Services segment, Markets, Banking, Wealth, and US personal banking. On April 8th, Truist Financial analyst John McDonald CFA maintained a Buy rating on the stock with a price target of $84.

During the fiscal fourth quarter of 2024, Citigroup Inc. (NYSE:C) reported a net income of $2.9 billion compared to a net loss of $1.8 billion last year. This was driven by higher revenue, lower credit costs, and reduced expenses. Moreover, the revenue for the quarter grew 12% to reach 19.6%, driven by growth across the board. CEO, Jane Fraser noted that the company is returning to momentum as it entered 2025, he also pointed towards plans of transforming the business to improve the tangible common equity which is around 10% to 11% at the moment. It is one of the dirt-cheap stocks to invest in now.