3 Reasons This Growth Stock Could Be a Monster

Upstart Holdings (NASDAQ: UPST) has been one of the biggest stock stories of the year. It had a tepid debut in December 2020, but it exploded with the new year and has gained 242% this year through Friday's close. That's well off its highs, but it's still a hefty gain for investors who bought in early.

Even if you didn't, though, there's still a lot more to expect from this company. And at the lower price, it's an even better deal. There are three reasons I see monster potential in Upstart stock.

Upstart uses artificial intelligence (AI) to evaluate a borrower's credit risk. Its system is powered by algorithms that can analyze loads of data and help make a bank make smarter decisions about giving loans.

Source Fool.com