Posts Tagged ‘federal reserve’

Citigroup jumped 7.9% on Wednesday after Cramer said the stock is “red hot” and should reach $6. Cramer believes that investors who sell Citigroup stock right now are making a big mistake. The biggest issue that Cramer still has with Citigroup is the US government's 34% stake in the company, but he believes the government will sell this stake on September 10. Once Uncle Sam ... Full story