Citigroup Stock Soars 56.1% in a Year: Is It the Right Time to Buy?

Citigroup, Inc. (C) — one of the ‘too big to fail’ banks  — had an impressive run, with the stock skyrocketing 56.1% in a year. The uptick outpaced a 49.2% rally registered by the industry and 25.8% growth of the Zacks S&P 500 composite.When compared with its competitors in the banking space, C's performance is stronger. Shares of Wells Fargo & Company (WFC) have surged 43%, while Bank of America (BAC) appreciated 43.1% over the same period.Image Source: Zacks Investment ResearchGiven the continuous strengt ...