Is Ally Financial Stock a Buy?
Ally Financial (NYSE: ALLY) hasn't performed all that well for investors in recent years. Since April 2019, shares have generated a total return of 51%. This performance seriously lags the broader S&P 500, which isn't an encouraging trend. Most of that return for this bank stock has come in the last six months, as the share price is up 47% during that stretch.
What is encouraging is that investors appear to be warming up to Ally Financial again. Should you follow this momentum and buy shares today?
To help answer that question, I think it's a valuable exercise to understand both a key bull and bear argument regarding Ally Financial.
Source Fool.com
