These 2 Stocks Look Ridiculously Overvalued. Here's Why They're Not
Investors don't want to buy a stock that's too expensive. But knowing what's overvalued or undervalued in the stock market is complicated. There are plenty of handy valuation metrics that people like to use, but using these without contextualizing them can cause misunderstandings.
Motley Fool contributors Matthew Frankel and Jon Quast believe both property-technology company Latch (NASDAQ: LTCH) and personal credit company Upstart Holdings (NASDAQ: UPST) look expensive by valuation metrics but actually aren't overpriced. In this video from Motley Fool Live, recorded on Sept. 9, they explain their rationale.
Source Fool.com
