First Citizens: A Pullback Worth Buying (Rating Upgrade)

Core Viewpoint - Shares of First Citizens BancShares (NASDAQ: FCNCA) have underperformed over the past year, losing approximately 14% of their value, even as the broader market has seen gains [1] Group 1 - The stock approached its April lows in recent weeks, indicating a continued decline despite market recovery [1] - The company has over fifteen years of experience in making contrarian bets based on macro views and stock-specific turnaround stories [1]