10 Stocks Defy Market Optimism as Investor Caution Lingers

8. Fifth Third Bancorp (NASDAQ:FITB)

Fifth Third Bancorp dropped its share prices by 2.83 percent on Wednesday to finish at $40.45 each, already entering the oversold territory.

According to a report on the Nasdaq website, FITB entered the oversold territory on Wednesday.

A stock is considered to be oversold if its relative strength index falls below 30. As of the last trading session, FITB’s RSI fell to 29.5.

In other news, FITB was recently listed on the 2025 Forbes America’s Best Banks List for the second consecutive year.

Forbes America’s Best Banks List considers 11 metrics measuring growth, credit quality, and profitability for the 12 months ending September 30, 2024, as well as stock performance in the 23 months through January 10, 2025.

“It’s an honor to be included on Forbes’ list of America’s Best Banks,” said Jamie Leonard, chief operating officer at FITB. “For 166.7 years, we have continued to strive for excellence and commit to keeping our customers at the center of everything we do. This award demonstrates our dedication to providing high-level service and innovative solutions to our customers every day.”