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UPST - Ally Financial: Reasons Why I Am Bullish With This Stock
Upstart Holdings Inc.
ALLY has gained more than 34% in the 1-year analysis, outperforming the S&P 500 index by almost 10% over the same period.
The year 2021 saw ALLY's retail auto origination exceed 7% for the fourth year in a row.
Ally's acquisition of Fair Square adds to the company's scalability and profitability.
At the moment, only Ally and Capital One banks have promised to eliminate overdraft fees in 2021 due to the decline in collection fees from overdrafts.