21.02.2025 12:02:00

Should You Buy Ally Financial While It's Below $40?

Ally Financial (NYSE: ALLY) is having a strong start to 2025, with shares up by 8% for the year as of Feb 19. However, the stock is still trading about 15% below its 52-week high and is more than 30% below its 2021 all-time peak.To be sure, there are some good reasons why Ally's stock has been under pressure in recent years. But there is also a lot to like about the business, and there are some interesting tailwinds that could help it outperform the market over the next few years.If you aren't familiar with Ally, its core business is auto lending. It spun off from General Motors (NYSE: GM) in the wake of the financial crisis and now operates as an independent and online-based bank with $143 billion in retail deposits, an investment platform, and more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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