I'm Loading Up on This Bank Stock Right Now -- Here's Why

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Ally Bank (ALLY) is a leading auto lender and also operates an excellent online bank for consumers. In this video, long-time Fool.com contributor Matt Frankel, CFP®, gives a rundown of Ally’s latest numbers and explains why he’s been buying the stock in his own portfolio.
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#allybank #bankstocks #cheapstocks

[@Lorimoore-g2s]

I am impressed with your update on these stocks, now my question is which is best to buy at this time. I have some liquid assets to diversify.

[@KeciaCranford]

In no order: 1) VOO 2) QQQM 3) SCHG/VUG 4) VTI 5) SCHD/DGRO. Personally I put down 1.2m$ on few ETFs, still diversifying. it was this time last year I made my first break through with a liquid 370k. Handed it to a trader here in TX, I get weekly pay out which I put back on long term ETF's. Tesla will be a huge buy for me when the market bottoms.

[@Lorimoore-g2s]

Thank you, I already added VOO and QQQM, can you share this Pro with me.

[@KeciaCranford]

Yeah, Kathie Daisy Bosco use her name to look her up.

[@johnoli2976]

I met Kathie Daisy for the first time last year at a women's conference here in Pennsylvania, and my life has changed for the better since then. God bless her!

[@morehn]

I would start looking to buy at $31.00

[@wildscribe]

This is a good video on ALLY. Thank you for pointing out the benefits of EV lending. ALLY is currently my second favorite bank behind Citi.

[@davidwysocki1004]

Thanks, Matt, for an interesting presentation on ALLY as a possible investment candidate.

[@biscaynediver]

Have you modeled what happens to ALLY if the economy goes into recession? Hint: It gets smashed. This thing takes a 40+% haircut next year if inflation reignites and the soft landing turns out to be a hard landing. It's 10%-15% upside vs. 40+% downside -- an atrociously poor risk/reward setup.

[@edgibbs3229]

Total nonsense.