ALLY Stock Recent News

Ally Financial has experienced strong stock performance, outperforming the S&P 500 and the Bank Index due to dovish monetary policy expectations. Despite positive outlooks and strategic improvements, ALLY's current valuation suggests overvaluation, with a price-to-book ratio higher than its historical average. Interest rate cuts could benefit Ally, but the stock's current valuation lacks a margin of safety, making it less attractive for new positions. Therefore, I rate the stock as hold.

Despite a weak start to this month, we offer five stocks as momentum picks for September. These are: AIZ, ALLY, APP, PARAA, STX.

Does Ally Financial (ALLY) have what it takes to be a top stock pick for momentum investors? Let's find out.

The two join forces at the intersection of mental and financial health to provide resources focused on money mindfulness CHARLOTTE, N.C. , Aug. 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) and Calm, a leading mental health company with the number one app for sleep, meditation and relaxation, have teamed up to support the mental health and financial goals of people nationwide.

Karen Sutton-Ford, dealer principal at Sutton Ford in Matteson, Ill., was honored at National Association of Minority Automobile Dealers conference in Miami  MIAMI , Aug. 26, 2024 /PRNewswire/ -- Karen Sutton-Ford, dealer principal of Sutton Ford in Matteson, Ill.

CHARLOTTE, N.C. , Aug. 22, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024 at approximately 8:15 a.m.

LENEXA, Kansas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for the second quarter of 2024. An investor conference call is scheduled for 11:15 a.m. EDT on Monday, August 19, 2024 (see details below).

Nation's largest all-digital bank plants 'money tree' in NYC; awards $100,000 for shared 'money stories' nationwide CHARLOTTE, N.C. , Aug. 13, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced the launch of Money Roots™, a free financial wellness program to help people uncover how their money mindset impacts their spending, saving and investing decisions – and vice versa.

Though concerns about rising prices and poor asset quality are likely to hurt the Zacks Consumer Loans industry, the digitization of operations, expected rate cuts, decent loan demand and easing lending standards will aid Ally Financial (ALLY), Mr. Cooper (COOP) and SLM Corp, (SLM).

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