Former SPAC Jumps Into Barchart’s Top 100 Stocks to Buy: Should You?
Yahoo Finance·2025-09-30 15:21

Core Insights - Better Home and Finance Holding Co. (BETR) has entered Barchart's Top 100 Stocks to Buy, ranking 71st, driven by its Tinman AI mortgage platform which saw a 559% gain in 2025 before a recent decline from its peak of $94.06 [1] - The company went public in August 2023 through a merger with Aurora Acquisition Corp., which faced delays due to an SEC investigation that ultimately cleared Better of any wrongdoing [2] - BETR's stock experienced significant volatility, including a drop from $17.44 to $1.19 shortly after the merger, and a subsequent 1-for-50 reverse stock split in August 2024 [3] Company Comparison - Better is compared to Upstart Holdings (UPST), with both companies utilizing AI for lending, but Better focuses on homeownership-related products while Upstart serves banks and credit unions with a broader range of loans [5][7] - Upstart's revenue grew by 87% from $472.4 million in June 2021 to $884.8 million in June 2025, although its growth was impacted by a challenging lending environment in 2023 [6] - Better's revenue in 2024 was $108.5 million, up from $72.3 million the previous year, with 72% of revenue derived from selling loans to its network of purchasers, indicating a high loan volume of $3.6 billion [8]