We have recently released a list of the
15 Most Affordable Stocks Recommended by Billionaires
. In this article, we will examine how Citigroup Inc. (NYSE:C) compares to other budget-friendly stocks owned by billionaires.
Currently, the S&P 500 index is hovering near its peak, while the short-term market signals remain unclear amidst the new U.S. tariff regulations.
Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway, liquidated a record $134 billion worth of stock in 2024. This action is often seen as a benchmark by investors for evaluating market conditions. Historically, Buffett’s firm tends to underperform the market following significant divestments, suggesting a potential downturn in stock market performance for 2025. Given the ongoing market uncertainties, inexpensive stocks favored by billionaire investors may represent a solid choice.
In a recent CNBC interview on March 11, Chris Grisanti, chief market strategist at MAI Capital Management, emphasized the importance of recognizing market indicators and valuations to navigate the investment landscape effectively. He noted that the purchase price is critical in investing, particularly as valuation discrepancies have increased in recent years, with growth stocks significantly outpacing value stocks. Grisanti remarked on the shift in market dynamics, indicating that corrections are frequently influenced by tech stocks, resulting in natural and healthy pullbacks.
Grisanti pointed out that the recent market decline is attributed to the sluggish performance of economically sensitive sectors like banks, airlines, and consumer discretionary stocks, which may signal an economic slowdown. Furthermore, President Trump’s tariff policy could negatively affect local businesses due to elevated tariff rates.
British economist John Ross stated that Trump’s tariffs will harm the U.S. economy, noting, “The only question is which combination of adverse effects will emerge,” in a recent interview with Xinhua. He added that the Federal Reserve’s role is to control inflation, and if it detects inflationary pressures, it may increase interest rates, which could further decelerate the economy.
Billionaire investor Leon Cooperman mentioned in a recent Squawk Box interview on CNBC that while the president’s focus on reducing the deficit is appropriate, his methods are causing instability. “The president’s focus on deficit reduction is the right approach,” Cooperman noted.
