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One huge difference between SoFi and Upstart is in the customers they serve.
SoFi (SOFI 2.80%) and Upstart (UPST 4.43%) are preparing themselves for a potential recession. That could mean decreasing lending activity or tightening lending standards. In this video, Fool.com contributor and finance professor Parkev Tatevosian considers each company's short- and long-term prospects and decides which is his top stock to buy.
*Stock prices used were the afternoon prices of May 21, 2023. The video was published on May 23, 2023.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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