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Citi Under Fed Inquiry, Tesla’s Rebound, Jim Cramer’s Industrial Pick

August 17, 2023
in Trade Tube
Reading Time: 1 min read
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Citigroup can’t catch a break in the second quarter, either: the investment bank reportedly is under investigation led by the FBI regarding fraud in its Mexican unit. This comes after a Fed test flunked the bank and made it scale back buybacks. Good news for Tesla, however, which is on fire ‘figuratively’ in Norway, and once again tracking its all-time highs. And Jim Cramer is strengthening one investment in industrials, adding to a position that’s poised to move higher in an improving economy. Thursday, April 3, 2014.

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