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MarketBeat
MarketBeat
Jordan Chussler

Ally Financial Pops on Q4 Earnings Beat and $2 Billion Buyback

Over the past month, the financial services sector has been the worst performer in the S&P 500, down 2.99%. Over the past six months, its paltry 1.26% gain ranks second-worst. 

But as Q4 earnings season begins in earnest, bank stocks are already demonstrating the sector’s long-term value as earnings beats and strong forward guidance aim to reinvigorate investor confidence.    

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