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2 Growth Stocks That Could Go Parabolic
Upstart’s (NASDAQ: UPST) lackluster financial reports in recent quarters have left some investors feeling uneasy about the fintech stock’s future. The driving force behind Upstart is its proprietary AI and machine learning-powered platform, which determines the creditworthiness of someone applying for a personal loan around factors that most traditional lenders leave out of the picture. Now, as interest rates continue to rise, fears of a recession loom, and consumer wallets are constrained, it should come as no surprise that Upstart’s lending partners — the institutional investors and banks that fund the loans — are more hesitant to part with their capital than in times past.
