Fifth Third Bancorp (FITB)

hammerbearcat (95.27) Submitted: 4/13/07 5:25 PM : Start Price: $35.40 FITB Score: 39.66

I worked at 5/3 from 1998-2002. When they got audited by the state of Ohio for accounting errors in 2002, they lost a lot of value. Much of their growth from the 1990's came from purchasing small banks and using their own high PE stock to fund the sale. Now they can't buy anyone because their stock is low and their internal growth is below average. I would buy US Bank or PNC Bank.

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