Ally Financial (ALLY) Stock

In 2024, the stock market didn't offer as many great deals as it did in 2022 and 2023, but there were still some appealing options, particularly in sectors like finance and real estate. While large-cap stocks did well, smaller companies generally struggled. For example, Ally Financial (NYSE: ALLY) had a significant drop of 12% in 2024, compared to a 30% increase in the Financial Select Sector SPDR ETF (NYSEMKT: XLF).

Berkshire Hathaway has a stock portfolio valued at around $300 billion, which includes about 48 different stocks. Many of these stocks were personally chosen by the famous investor Warren Buffett, particularly the larger ones.

In 2024, the stock market didn't have as many great deals as it did in 2022 and 2023, but there were still some appealing chances. This was particularly noticeable in sectors that are sensitive to interest rates, like finance and real estate. Although large-cap stocks did well, smaller companies generally did not perform as strongly.

Delaware Funds by Macquarie, an investment management firm, published its Q3 2024 investor letter for the "Delaware Ivy Core Equity Fund." You can download the letter here. The S&P 500® Index increased by 5.9% in the third quarter, showing ongoing growth in the US large-cap equity market.

Following the banking crisis in early 2023, which led to the collapse of several banks, Warren Buffett reduced the number of bank stocks in Berkshire Hathaway's portfolio. Nevertheless, Bank of America and Ally Financial remain part of the investment list.

Warren Buffett is an investor who has proven himself over the years, and there are solid reasons for this.

CHARLOTTE, N.C., Dec. 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) will announce its financial results for the fourth quarter and the entire year of 2024 on Wednesday, January 22, 2025, around 7:30 a.m.

Berkshire Hathaway's investment portfolio features a mix of well-known blue chip companies and some lesser-known growth stocks, focusing on 25 dividend-paying stocks for yield-based investment chances. Leading dividend stocks from Berkshire, such as Kraft Heinz and Sirius XM, provide dividends that surpass their share prices for $1,000 investments. Analysts expect net returns for top Berkshire stocks to range from 4.31% to 25.75% by November 2025, with an average expected gain of 13.83%.

The stock market is close to its highest levels ever, but there are still chances for investors looking for income. Some great dividend stocks are currently available at much lower prices than their recent peaks, and they may benefit greatly as interest rates continue to drop.