Citigroup — free report for Ask Matt, Dangerous Rating
Dangerous Rating with several RED FLAGS. See my recent post Mayo Is Right about Citi for details on our analysis of the company's loose Deferred Tax accounting and other Red Flags. There are other reasons to run from this stock.
RED FLAGS:
Over $7bn in off-balance sheet debt
$2.2bn in under-funded Pension liabilities
Over $10bn in Asset write-offs
Very Dangerous valuation (detail follow)
David Trainer, Founder & CEO