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$8.06 0.13 (1.64%)
1/8/2009 4:00 PM

Fifth Third Bancorp (FITB)

CAPS Rating:
*

The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries.

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Avatar kahunacfa (< 20) Submitted: 6/24/08 2:54 PM : Outperform Start Price: $10.03 FITB Score: 11.29

First I shorted Fifth-Third Bank from the mid thirty dollar per share range <$34-$36>. Then covered.





With a P/E of five, a strong branch network, and good deposit in-flows this bank is now attractive. Price objective $40-$47 over the long-term. The stock is a BUY!!!





Kahuna,CFA

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