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Think Upstart Stock Is Expensive? This Table Might Change Your Mind.
Lending technology company Upstart (NASDAQ: UPST) has been one of the best performers in the stock market recently, with shares up by 236% over the past year as I write this. And while the company has produced a series of impressive earnings reports over the past three quarters, a valuation of about 12 times sales might seem expensive to many investors.However, not only have the recent numbers been strong, but the future opportunity is massive.Continue reading
Lending technology company Upstart (NASDAQ: UPST) has been one of the best performers in the stock market recently, with shares up by 236% over the past year as I write this. And while the company has produced a series of impressive earnings reports over the past three quarters, a valuation of about 12 times sales might seem expensive to many investors.
However, not only have the recent numbers been strong, but the future opportunity is massive.
