U.S. Markets closed

Today’s Research Reports on Trending Tickers: Fifth Third Bancorp and TD Ameritrade

NEW YORK, NY / ACCESSWIRE / December 4, 2017 / U.S. markets retreated from records high on Friday as investors keep an eye on the progress tax legislation and news on Michael Flynn spur on the market. The Dow Jones Industrial Average shed 0.17 percent to close at 24,231.59, while the S&P 500 Index gained 0.20 percent to close at 2,642.22. The Nasdaq Composite Index dropped 0.38 percent to close at 6,847.59.

"If you took out the Flynn news, we'd probably be up right now, but if you took out the tax news, we'd see more volatility" in the market, said Wade Balliet, chief investment strategist at Bank of the West. "I think they're canceling each other out."

RDI Initiates Coverage on:

Fifth Third Bancorp
https://rdinvesting.com/news/?ticker=FITB

TD Ameritrade Holding Corp.
https://rdinvesting.com/news/?ticker=AMTD

Fifth Third Bancorp's stock edged 0.76% higher Friday, to close the day at $30.69. The stock recorded a trading volume of 7,486,681 shares, which was above its three months average volume of 4,927,738 shares. In the last year, Fifth Third Bancorp's shares have traded in a range of 23.20 - 31.12. The share price has gained 32.28% from its 52-week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $28.73 is greater than its 200-day moving average of $26.77. Shares of Fifth Third Bancorp are trading at a Price to Earnings ratio of 15.55. Shares of Fifth Third Bancorp have gained roughly 33.86 percent in the past month and are down 57.9 percent year-to-date.

Access RDI's Fifth Third Bancorp Research Report at:
https://rdinvesting.com/news/?ticker=FITB

On Friday, shares in TD Ameritrade Holding Corp. recorded a trading volume of 2,671,313 shares, which was above the three months average volume of 1,946,192 shares. The stock ended the day 1.57% higher at 51.67. The share price has gained 43.05% from its 52-week low with a 52-week trading range of 36.12 - 51.80.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $49.28 is greater than its 200-day moving average of $44.94. Shares of the company are trading at a Price to Earnings ratio of 32.29. Shares of TD Ameritrade have fallen roughly 0.07 percent in the past month and are up 21.5 percent year-to-date.

Access RDI's TD Ameritrade Holding Corp. Research Report at:
https://rdinvesting.com/news/?ticker=AMTD

Our Actionable Research on Fifth Third Bancorp (NASDAQ:FITB) and TD Ameritrade Holding Corp. (NASDAQ:AMTD) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com