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Ally Financial (ALLY) Looks Good: Stock Adds 6.5% in Session
Ally Financial Inc. (ALLY - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 12.3% in the past one-month time frame.
The move came after the company reported solid second-quarter 2019 results.
The company has seen a mixed track record when it comes to estimate revisions of two increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ally Financial currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Ally Financial Inc. Price
Ally Financial Inc. price | Ally Financial Inc. Quote
Investors interested in the Financial - Consumer Loans industry may consider a better-ranked stock like Navient Corporation (NAVI - Free Report) , which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ALLY going up? Or down? Predict to see what others think:Up or Down
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