Citigroup (NYSE: C) is a well-known bank with a diverse business that includes consumer and business banking, wealth management, markets, services, and investment banking. While the company is in solid shape today, investors should consider its history of taking on risks that have cost them in the past, including during the 2007-2009 housing crisis. With a dividend yield of 2.8%, Citigroup may appeal to investors seeking yield, but its complexity and relatively high price-to-earnings and price-to-book value ratios suggest caution. Considering other options like Toronto-Dominion Bank (NYSE: TD) or Bank of Nova Scotia (NYSE: BNS) may be wise, given their higher dividend yields and conservative operations. Ultimately, while Citigroup has improved since its previous troubles, it may not be the best investment choice compared to other options.

Before investing in Citigroup, investors should consider the recommendations of The Motley Fool Stock Advisor team, who have identified the 10 best stocks to buy now, with Citigroup not making the cut. The team’s top picks have historically produced significant returns, outperforming the S&P 500 by a wide margin. While Citigroup is a partner of Motley Fool Money, investors should carefully weigh the potential risks and rewards of investing in the company.

Read more at Nasdaq: Is Citigroup Stock a Buy Now?