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Upstart Stock Down 92% But Price Weakness Presents Contrarian Opportunity

It seems like only yesterday that we were going in person to banks for loans, but the trend over the past few years has been toward digital lending, meaning people have increasingly been letting financial platforms search for the best loans.

One study estimates that the digital lending market in the U.S. will grow at a compound annual growth rate (CAGR) of 11.4% from 2021 to 2026.

One digital lending stock with above-average price appreciation potential is Upstart Holdings Inc (NASDAQ:UPST).

UPST Stock Set to Benefit From Growth of Digital Lending Sector

This post appeared first on Profit Confidential.