Could Buying Upstart Stock Today Set You Up for Life?

Upstart Holdings (NASDAQ: UPST) stock is up 93% over the past year. If you didn't know about Upstart's history, you might think that's exciting. If you are familiar, you already know that it's had extreme ups and downs over the past few years, and it's still 84% off of its all-time highs.Now that it's been humbled, is it in a better position to grow and create value for shareholders? Let's see if buying Upstart stock today could set you up for life.Upstart is an artificial intelligence (AI)-based credit evaluation platform that uses data and machine learning to help creditors make better lending decisions. Traditional credit scores have been around for decades, and in today's operating climate, where there's so much data and technology needed to use it effectively, it makes sense to pivot toward a data-rich model like Upstart's. Management claims that it helps more banks approve more loans without adding risk, and since that's the whole basis of what a creditor does, it could be a tremendous asset.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool