Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

1 Stock I Wouldn't Touch With a 10-Foot Pole

TheMotleyFool

0 0

1 Stock I Wouldn't Touch With a 10-Foot Pole: https://g.foolcdn.com/editorial/images/780604/mobile-app-loan-approval.jpg

The artificial intelligence (AI) boom has carried the major indexes to record highs. But there's one business that hasn't benefited from the broader rally.

I'm talking about Upstart (NASDAQ: UPST). This fintech has long used AI in its business model, a fact that you might think would push up its shares amid the excitement surrounding companies embracing this technology. But the stock is currently down 45% in 2024.

The bulls might be thinking Upstart is due for a boost, and that now is the best time to buy shares as they sit 94% off their peak price. However, I'm not touching this stock with a 10-foot pole.

Source Fool.com

Like: 0

UPST

Share