Berkshire Hathaway sold more stocks than it bought in Q1. We also know it sold more than $1.8 billion of its bank, insurance, and finance stocks.
I issued a Hold rating on Ally back in February, due to a deteriorating outlook for the auto loan industry. Since then, the stock has underperformed by 20%.

2 Warren Buffett Stocks to Buy Now

08:20am, Tuesday, 02'nd May 2023
The best Buffett stocks pair long-term growth potential with reasonable valuations. GM is doing surprisingly well as it transitions to electric vehicles.
StoneCo is an e-commerce software provider in Brazil that is cementing its position with a large financial services segment. Ally Financial is a digital bank that offers a 4.7% dividend yield right no

Buy 7 April Buffett Dividend Dogs And Watch 2

06:53pm, Wednesday, 26'th Apr 2023
Buy 7 April Buffett Dividend Dogs And Watch 2.
Ally Financial missed Wall Street analyst estimates on the bottom line, thanks to higher provisions for credit losses. The majority of Ally's loan portfolio is in auto loans, and more consumers are la
With elevated auto prices and the economy potentially heading into a recession, investors have been concerned about credit quality. Used car prices have been holding up well.
Management at Ally recently lowered its full-year earnings-per-share guidance from $4 to $3.65. While lower earnings guidance is never great to see, the downward revision had more to do with industry

3 Stocks I Bought This Week

06:33am, Monday, 24'th Apr 2023
This Fool has been doing some buying in his stock portfolio recently. Even though many investors have lost confidence in banks, he's been adding to a couple of my favorites.
Bank stocks have been beaten down recently, but this has been one of Warren Buffett's favorite businesses for decades. Some of Buffett's favorite bank stocks are trading for cheap valuations despite s

Is Ally Financial Stock a Buy?

06:30am, Friday, 21'st Apr 2023
Higher interest rates have so far pressured Ally's net interest margin. Ally just added the highest number of retail customers in a single quarter.

Ally Financial (ALLY) Q1 Earnings Lag Estimates

10:41am, Wednesday, 19'th Apr 2023
Ally Financial (ALLY) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $2.03 per share a year ago.
Ally Financial Inc. ALLY, -0.89% stock fell 3.5% in premarket trades after the auto and home lender said it expects 2023 retail auto originations to be on the lower end of its estimated low-$40 billio
We're about to see how the recent banking turmoil affected regional financial institutions.
The ongoing turmoil in the banking sector continues to weigh on Ally Financial. That said, the company is well-positioned to ride out the economic storm.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE