Wells Fargo's Mike Mayo on why Citi is his top bank stock pick

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  • Опубліковано 1 лют 2025

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  • @godzillamothra5983
    @godzillamothra5983 11 місяців тому +7

    Banking business is pretty weird. I can't find other business where you can praise your competitor. Imagine Coca Cola employee praising and promoting Pepsi's new product.

    • @devinwynn1299
      @devinwynn1299 11 місяців тому +1

      I mean the people "praising" their competitors are analysts. It's their job to evaluate stocks, including other banks. They're doing it for their employer and their clients.

    • @godzillamothra5983
      @godzillamothra5983 11 місяців тому +1

      @@devinwynn1299 I know, but still kinda weird seeing Well Fargo employee praising Citi bank, LOL

    • @No-lack098
      @No-lack098 10 місяців тому

      It’s Mike Mayo so no surprise.

  • @gotya2006
    @gotya2006 11 місяців тому +2

    I own a lot of ITM LEAP call options of Citi with 2.4 years remaining. It will be really hard to not see continued improvement in the stock.

  • @boby115
    @boby115 11 місяців тому +2

    What I would like to know , why is JP Morgan, Chase building so many brick and mortar banks ? I’m in the St. Louis metropolitan area and Chase banks are popping up like weeds. Replaced & O’Charleys restaurant in Fenton, Missouri with a Chase Bank. My post office in Arnold, Missouri is being relocated as we speak because Chase Bank wanted that location. I am preparing a strip Plaza to be torn down in Melville, Missouri for a Chase Bank . What’s going on with Chase Bank? 🤷🏻‍♂️. Are you seeing Chase banks popping up in your neck of the woods?

  • @robgor482
    @robgor482 11 місяців тому +2

    Bank stocks….. great idea, I’m sure no banks are in trouble these days. If we just did the opposite of what the mainstream media tells us we’d all be rich. I wish we had real capitalism because shorting the banks without the government bailouts would be very profitable.

  • @crusso9
    @crusso9 11 місяців тому +1

    Mayo! Mayo!

    • @fhowland
      @fhowland 11 місяців тому

      Joe is such a nut I love him lol

  • @fhowland
    @fhowland 11 місяців тому +3

    C has been dead money for 15 years!!!

  • @Patrick-yh5yd
    @Patrick-yh5yd 11 місяців тому +1

    Wells Fargo rips off you worse than any bank! Birds of a feather stick together.

    • @Alpharizzchad
      @Alpharizzchad 11 місяців тому +1

      JP Morgan is the biggest crooks U tube it? Mx lawsuit