Will Upstart Stock Continue Its Uptrend After Rallying 67% YTD?
Upstart(UPST) ZACKS·2024-12-23 15:06
Upstart Holdings, Inc. (UPST) , an artificial intelligence-driven fintech company, has witnessed a remarkable 67.4% gain year-to-date (YTD). This performance has significantly outpaced the Financial Select Sector SPDR Fund (XLF) and the S&P 500, which have risen 29.1% and 25.4%, respectively. While the rally raises concerns about valuation, Upstart’s strong fundamentals and evolving market dynamics make it an attractive buy for now.YTD Price Return PerformanceImage Source: Zacks Investment ResearchInterest ...