2025 Could Be an Inflection Point for This Fintech Stock
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Ally Financial (NYSE: ALLY) has underperformed the market over the past year, with fears of rising defaults and demand concerns weighing on the bank's stock. However, the company just announced some big moves, and 2025 could be a major inflection point for this business.Not only is Ally refocusing its efforts on its core businesses, but the company could be a big beneficiary of Federal Reserve interest rate cuts. With the bank stock trading at a cheaper valuation than most of its peers, now could be a good time to take a closer look.Along with its fourth-quarter earnings report, Ally announced that it plans to refocus its efforts on its core businesses of dealer financing, corporate financing, and consumer banking.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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