Fifth Third Bancorp (FITB): Today's Featured Financial Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Fifth Third Bancorp ( FITB) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.4%. By the end of trading, Fifth Third Bancorp rose $0.27 (1.2%) to $21.82 on average volume. Throughout the day, 6,367,730 shares of Fifth Third Bancorp exchanged hands as compared to its average daily volume of 6,893,200 shares. The stock ranged in a price between $21.63-$21.89 after having opened the day at $21.63 as compared to the previous trading day's close of $21.55. Other companies within the Financial sector that increased today were: ConnectOne Bancorp ( CNOB), up 21.7%, PowerShares DB Base Metals Double Short ETN ( BOM), up 19.7%, Signature Bank ( SBNY), up 13.6% and SPDR Russell 1000 ETF ( ONEK), up 12.8%.

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third Bancorp has a market cap of $19.0 billion and is part of the banking industry. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Fifth Third Bancorp a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Fifth Third Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, good cash flow from operations, expanding profit margins and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, ZipRealty ( ZIPR), down 25.5%, Gaming and Leisure Properties ( GLPI), down 20.4%, Credit Suisse ( DGAZ), down 8.7% and Direxion Daily Natural Gas Related Bear 3X ( GASX), down 7.9% , were all laggards within the financial sector with Credit Suisse Group ( CS) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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