2023-10-19 07:45:00 ET
Upstart Holdings (NASDAQ: UPST) burst onto the scene during heightened market enthusiasm. But that excitement has since faded, as shares of this lending platform currently sit 93% below their peak about two years ago.
This company certainly has lots of potential, particularly as it relates to artificial intelligence (AI). And it's staring at a large market opportunity. However, it's always a good idea to be cautious and understand downside risk factors.
Let's look at why this fintech stock is a screaming buy, but also consider one important reason that it's best to avoid being a shareholder for now.
For further details see:
Upstart Stock Is a Screaming Buy, but Only if It Can Prove 1 Thing