Better Buy: Ally Financial vs. Citigroup
In case you haven't heard, Warren Buffett, the chairman and CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), recently bought some stocks for his holding company. Two of the new buys were from his favorite industry, banking: Ally Financial (NYSE: ALLY) and Citigroup (NYSE: C).
If the Oracle of Omaha is adding these companies to his conglomerate's portfolio, they must have something going for them. Let's take a look at both and see what makes them so appealing. And because we might need to be selective about which stock we buy because of limited available funds, let's try to determine which of the two is the better buy.
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Source Fool.com
