Cramer: Citi Is Still a Buy


Jim Cramer reiterated his buy call on Citigroup’s secondary shares, urging viewers to “buy the heck out of them.”

“Citigroup is the ultimate $3 call,” Cramer said, bucking the overwhelmingly negative response to Citi's offering. “I have rarely ever seen an option as good as this one on a turnaround between now and 2012.

He also chided the government for not selling its stake in Citi when shares were near $5.

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