Ally Financial (ALLY) Stock

It's always a good time to buy dividend stocks, but when the market is volatile, it's even more important. The market doesn't look volatile right now; the S&P 500 is up 25% so far this year and reaching record highs.

CHARLOTTE, N.C. , Nov. 25, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Executive Officer Michael Rhodes will present at the Goldman Sachs US Financial Services Conference on Wednesday, Dec. 11, 2024 at approximately 10:00 a.m.

Investors cheer as ALLY considers selling its credit card business as part of the initiative to focus on core auto lending and digital banking operations.

Key Points Barring a return of inflation, rates should trend lower in 2025.

These two stocks add tremendous value to almost any portfolio.

These companies are flying under the radar and have a long runway to grow.

Investors must keep an eye on near-term concerns like NIM contraction and poor asset quality before making any decision regarding Ally Financial stock.

Ally Financial's recent poor performance is due to rising credit costs, as delinquencies continue to increase. Q3 earnings were inflated by tax benefits, masking underlying issues like higher charge-offs and disappointing interest margins. Credit costs and delinquencies are rising, leading to increased reserves and a cautious outlook that now extends into 2025.

CHARLOTTE, N.C. , Oct. 23, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday, November 7, 2024 at approximately 11:15 a.m.