Ally Financial's Potential Turnaround

This is a ALLY news story, published by Yahoo Finance, that relates primarily to AI news.

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Ally Financial Inc. (ALLY): A Bull Case Theory

Summary

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Ally Financial appears to be on the verge of a potential turnaround, driven by improving fundamentals in its core auto lending business.

Ally originated $10.2 billion in new loans in Q1 FY25 at an attractive 9.8% yield, supported by a record 3.8 million auto loan applications.

The company has taken steps to refocus the business on areas where it has competitive advantages.

While we acknowledge the risk and potential of ALLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than ALLY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. Disclosure: None. This article was originally published at Insider Monkey ..

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