Creative Investor

Two New Dogs To Watch: Citigroup, Pfizer

I definitely agree with you here. I have not looked at Pfizer much, but Citi is looking very attractive right now: actual dividend yield is about 6.7%. But I'm also in the waiting mode - until after the Dec 11th Fed meeting, which will let us know whether the correction will turn into recession or not. Fed has previously expressed sentiment in regard to the markets still being "bad", but they don't want to make any more cuts. If they don't make any rate cuts on Dec 11th, that will be bad, very very bad.

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