CFRA analyst Kenneth Leon said that the stock is likely to underperform the S&P 500 for the rest of the year after rallying 40% from its mid-July low. Read More...
Motley Fool
Warren Buffett More Than Tripled His Position in This Stock. Is It a Buy?
In the first quarter of the year, Warren Buffett and his company Berkshire Hathaway initiated a small stake in the digital consumer bank Ally Financial (NYSE: ALLY), which is also a big auto lender. In the second quarter of the year, Berkshire more than tripled its position in the stock, purchasing more than 21 million shares in the quarter. With Buffett and Berkshire buying heavily now, is Ally a buy?
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