5 Best Consumer Finance Stocks to Buy Now

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1. Ally Financial Inc (NYSE: ALLY)

With a market cap of over $13 billion, Ally Financial is one of the biggest consumer finance companies in the U.S. The company provides car finance, online banking via a direct bank, corporate lending, vehicle insurance and mortgage loans. In the third quarter, the company posted a non-GAAP net revenue of $1.68 billion, showing a 4% growth on a year-over-year basis.  Adjusted net income jumped 19% to hit $473 million, or $1.25 per share. Total deposits in the quarter rose 13%.

Ally Financial tops the list of 10 best consumer finance stocks to buy now as 53 hedge funds tracked by Insider Monkey held stakes in the company. The net worth of these stakes is $1.93 billion.

Please also see 10 Best Bank Stocks To Buy Now10 Best Value Stocks To Buy Now, and Top 10 Dividend Stocks That Pay Monthly.

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