Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (54218)	2/26/2016 1:29:07 PM
From: MCsweet	Read Replies (1) of 78751

ALLY, I have been accumulating ALLY over the past several months. Solid earnings with high coupon preferreds being paid off, selling below book and will be buying back stock when CCAR is approved. Ok car loans are not my favorite business, but I like it better than loaning to energy companies. For that reason, I don't think ALLY should trade down with other companies like C and JPM on global macro concerns. Only if we have a bad recession do I think ALLY gets hurt. ALLY is more negatively exposed to rate increases, but they don't seem as likely lately. MC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next