Ally Financial: Improving Credit Metrics, But Caution Is Warranted

PM Images Ally Financial (NYSE:ALLY) is facing an improving credit outlook as a "soft landing" for the US economy looks increasingly likely. With a total return of 56% over the past 52 weeks, the auto lender’s stock has enjoyed a robust rally. It has even outperformed the 29% gain for the financial sector, and total returns over the same period of 29% and 42% for consumer lending peers Capital One Financial (COF) and Synchrony Financial (SYF), respectively. Still, Ally hasn’t yet made back all of its lo ...