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Home Business & Finance

Why Is Upstart Stock Soaring, and Is It Too Late to Buy? | The Motley Fool

November 12, 2024
in Business & Finance
Reading Time: 2 mins read
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Why Is Upstart Stock Soaring, and Is It Too Late to Buy? | The Motley Fool
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The most significant risk for Upstart (NASDAQ: UPST) in 2024 was a severe recession that could increase default rates among borrowers.

*Stock prices used were the afternoon prices of Nov. 8, 2024. The video was published on Nov. 10, 2024.

Should you invest $1,000 in Upstart right now?

Before you buy stock in Upstart, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Upstart wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $890,169!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

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*Stock Advisor returns as of November 11, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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