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Is Ally Financial Stock a Buy?

TheMotleyFool

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Is Ally Financial Stock a Buy?: https://g.foolcdn.com/editorial/images/764109/handling-finances-on-mobile-device.jpg

Investor enthusiasm seems to be elevated these days. With both the S 500 and the Nasdaq Composite Index in record territory, it's hard not to be optimistic.

Some businesses are doing very well for shareholders amid the bull market. Look at Ally Financial (NYSE: ALLY). The digital bank stock has soared 46% since the start of 2023, although it's been a volatile ride. Investors are hoping that the good times can continue rolling.

Should you buy Ally Financial stock right now? Let's look at bull and bear arguments.

Source Fool.com