ML - MoneyLion: Additional Upside Likely After 5.8X Surge
2024-06-12 23:57:39 ET
Summary
- We believe MoneyLion's novel methodologies and capital market-based metrics are best-in-class.
- ML stock has surged by over 580% in the past year, driven by scalable solutions and the potential for further growth, which, we think, will be sustained.
- Operating primarily as a loan intermediary, the Company has utilized a broad range of partnerships and a cash-back initiative to enhance its traffic, which, we think, is smart.
- The firm has tabled lucrative financial results, proving that its innovative plan can yield tangible results.
- We think MoneyLion's relative valuation and technical pricing points are well-placed. Thus, considering its fundamentals in tandem, we decided to assign a Buy rating.
Today's article covers MoneyLion Inc. ( ML ) , a cutting-edge consumer finance platform with an integrated business model.
MoneyLion's stock has surged by more than 580% in the past year as its scalable solutions have provided tangible results. However, the question now becomes: Is MoneyLion stock overvalued, or does it have more in store?...
MoneyLion: Additional Upside Likely After 5.8X Surge