Purchase Details
Company: | Ally Financial |
Ticker: | ALLY |
Yahoo Beta: | 1.46 |
Industry: | Credit services |
Company Description: Ally Financial is a bank holding company specializing in automobile loans and high yield consumer deposit accounts.
Purchase Date: | 19 Jan 2022 |
Purchase Price: | $49.59 |
--Split Adjusted: | $49.59 |
Shares Purchased: | 40 |
--Split Adjusted: | 40 |
Transaction Fee: | $30.00 |
Price Range (6 Months Prior): | |
High | $55.81 |
Date | 20 Oct 2021 |
Low | $44.97 |
Date | 01 Dec 2021 |
S&P (Purchase Date): | $4,593.93 |
Timing: We bought at about the midpoint of the six-month range. |
Reason: We are substantially underweight financial stocks in the overall portfolio. Ally provides automotive loans and insurance to borrowers and offers relatively high rates on consumer deposits. The company is expected to have strong growth over the next few years. |
Total Spent: $2,013.60