12 Best Blue Chip Stocks to Buy Under $100

2. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holdings: 88

Stock Price as of January 24: $81.48

Citigroup Inc. (NYSE:C) is a multinational investment bank and financial services corporation headquartered in New York City. The bank has established itself as one of the largest and most recognized financial institutions in the world and provides a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management, to individual, corporate, and institutional clients.

Citigroup Inc. (NYSE:C) is taking significant steps to grow its business in the future, with a focus on improving its return on tangible common equity (RoTCE) and increasing its operating efficiency. The company has set a medium-term target of achieving a RoTCE of 10% to 11% by 2026, with a long-term goal of exceeding this target. To achieve this, Citigroup Inc. (NYSE:C) is investing in its technology and transformation initiatives, which are expected to drive growth and improve productivity. The company is also focused on expanding its wealth management business, with a goal of becoming a global leader in this area. By leveraging its existing client relationships and investing in new technologies and talent, Citigroup Inc. (NYSE:C) aims to drive significant growth in this business and improve its overall returns.

In addition to its wealth management business, Citigroup Inc. (NYSE:C) is also focused on growing its U.S. Personal Banking business. The company is investing in new products and services, such as its co-brand credit cards and proprietary credit cards, and is working to improve its customer experience and increase customer engagement.