15 Best Cheap Stocks to Buy for 2025

5. Citigroup Inc. (NYSE:C)

Forward P/E Ratio as of January 15: 10.00

Number of Hedge Fund Investors: 88

Citigroup Inc. (NYSE:C) is a leading global financial services corporation with a presence in more than 160 countries and jurisdictions. The corporation provides a wide range of financial products and services, including consumer banking, corporate banking, investment banking, and wealth management. Citigroup Inc. (NYSE:C) revenue streams include interest income, trading activities, and fees from wealth management and consumer banking.

Citigroup Inc. (NYSE:C) has been actively transforming its operations to enhance efficiency, client experience, and long-term sustainability. A key aspect of this transformation is the significant investment in technology and data. In 2024, the company spent $11.8 billion on technology, focusing on digital innovation, new product development, and cybersecurity. Citigroup Inc. (NYSE:C) has also launched several AI platforms to improve the efficiency of its 143,000 employees and has consolidated its balance sheet reporting to a unified ledger. These investments are designed to modernize the bank’s infrastructure, streamline processes, and automate controls, ultimately leading to a more agile and responsive organization.

Furthermore, Citigroup Inc. (NYSE:C) is leveraging its global network and deep presence in key markets. The company has exited consumer businesses in nine countries, with the wind-down of operations in three more countries near completion. This strategic realignment allows Citigroup Inc. (NYSE:C) to focus on its core institutional business, where it can leverage its strengths in global services, markets, and banking.