From Nasdaq:

Ally Financial (NYSE: ALLY) stock is currently priced at less than ten times its trailing-per-share earnings and less than 9 times its profits projected for the year ahead, making it an appealing option. However, future investors should know that most of Ally’s business comes from automobile financing, with charge-offs on the rise due to consumers struggling with higher prices and borrowing costs. Despite this, Ally’s dividend is still well covered by earnings and Wall Street has room for bullish confidence in the future. The company presents a unique risk that could deter some investors, but for those with an appetite for risk, the stock may be worth considering.



Read more: 4 Things You Need to Know if You Buy Ally Financial Today