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Is Upstart Stock a Buy?

TheMotleyFool

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Is Upstart Stock a Buy?: https://g.foolcdn.com/editorial/images/738872/credit-score-on-phone.jpg

While Upstart (NASDAQ: UPST) started its time on the public markets like a rocket to the moon, it hasn't been a fun ride for shareholders overall. Since hitting an all-time high in October 2021, the stock has cratered 91%.

But 2023 brought new life to Upstart. As of this writing, the stock is up an incredible 177% this year. The business does have some disruptive potential, yet there are also reasons to stay away.

Should investors ride the momentum and add this popular fintech stock to their portfolios? Let's take a closer look at Upstart.

Source Fool.com

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