Group 1: Coupang - Coupang is the largest e-commerce company in South Korea, with a stock price increase of 70% year to date, outperforming broader market indexes [3][4] - The company has nearly half of South Korea's population using its platform, generating close to 7billioninnetrevenuelastquarter,whichrepresentsa20975 million last quarter, indicating strong growth potential [7] - Despite significant investments, Coupang generated a slight profit of 64millionlastquarterandhasamarketcapunder50 billion, suggesting room for further stock price appreciation [8] Group 2: Ally Financial - Ally Financial is a leading online-only bank in the U.S., with over 100billionindepositsandapproximately3.26milliondepositors,asignificantincreasefromlessthan1millionin2014[9]−Thebankoffershighinterestratesondepositsduetoloweroverheadcostsfromnothavingphysicalbranches,benefitingfromrecentFederalReserveinterestratehikes[10]−Ally′sbalancesheetincludes83.6 billion in retail auto loans and 23.9billionincommercialautoloans,generatingprofitfromthespreadbetweendepositinterestandloaninterest[11]−Althoughdelinquencyratesonautomotiveloanshaverisenabovepre−pandemiclevels,Allyremainsprofitablewith884 million in net income over the past 12 months and offers a dividend yield of 3.41% [12][13] - The stock trades at a P/E of 14, which is expected to appear even cheaper as loan delinquencies normalize, indicating potential for future earnings growth [13][14]
Ally(ALLY) The Motley Fool·2024-11-09 08:42