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The fintech company has seen its share price fall significantly in 2022, but a lower price doesn't make Upstart stock a buy.
Upstart (UPST -1.79%) is revolutionizing the lending process. The financial technology company is attracting borrowers who want simplified approval. However, that doesn't mean Upstart stock is a buy. In this video, I will use my six-step framework for determining if a stock is a buy.
Stock prices used were the afternoon prices of Oct. 7, 2022. The video was published on Oct. 10, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart Holdings, Inc. 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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