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Cit Group Inc is Among the Companies in the Regional Banks Industry with the Best Relative Performance (CIT , CBSH , FITB , BPFH , FNB )

By David Diaz

We looked at the Regional Banks industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Cit Group Inc (NYSE:CIT ) ranks first with a gain of 4.02%; Commerce Bcshs (NASDAQ:CBSH ) ranks second with a gain of 2.46%; and Fifth Third Banc (NASDAQ:FITB ) ranks third with a gain of 1.10%.

Boston Priv Finl (NASDAQ:BPFH ) follows with a gain of 0.99% and Fnb Corp (NYSE:FNB ) rounds out the top five with a gain of 0.97%.

SmarTrend recommended that subscribers consider buying shares of Fnb Corp on October 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $11.70. Since that recommendation, shares of Fnb Corp have risen 5.6%. We continue to monitor Fnb Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance cit group inc commerce bcshs fifth third banc boston priv finl fnb corp