Home / Business / Recommended Mix Momentum Stocks: Tesla Motors (NASDAQ:TSLA), Fifth Third Bancorp (NASDAQ:FITB)

Recommended Mix Momentum Stocks: Tesla Motors (NASDAQ:TSLA), Fifth Third Bancorp (NASDAQ:FITB)

Tesla Motors, Inc. (NASDAQ:TSLA) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.19% to close at $198.72 with the total traded volume of 629565 shares. Elon Musk’s Tesla Motors Inc (TSLA) stated that consumers placing new orders for Model 3 cars will be able to take deliveries only from 2018. Consumers who have already booked a Model 3 will get the car in 2017 as per the firm’s original plan, spokeswoman Alexis Georgeson told Reuters. CNBC had earlier reported that deliveries of all Model 3, comprising those booked before, had been pushed to mid-2018 or later. The firm has institutional ownership of 68.20%, while insider ownership included 0.10%. Its price to sales ratio ended at 6.60. TSLA attains analyst recommendation of 3.10 with week performance of -0.50%.

Fifth Third Bancorp (NASDAQ:FITB) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 1.46% to $20.16. As a leader in commercial payments, Fifth Third Bank (FITB) has released Fifth Third ePay, an upgraded electronic accounts payable (EAP) solution for commercial card clients using virtual card numbers for payment. Fifth Third ePay enables clients to take advantage of electronic accounts payables and meets evolving client needs.

Fifth Third ePay offers clients with multiple options for supplier payments, visibility into account and payment status, and program controls for fraud and risk mitigation. “Previous year Fifth Third’s commercial card clients used our electronic accounts payable solution for around 25% of payments to their vendors and partners,” Bridgit Chayt, director of wholesale payments. “The new platform makes the solution more convenient and secure for our business clients.” The share price of FITB attracts active investors, as stock price of week volatility recorded 2.00%. The stock is going forward to its 52-week low with 48.86% and lagging behind from its 52-week high price with -3.92%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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