Is Pagaya Technologies an Excellent AI Stock to Buy Now?

By Parkev Tatevosian, CFA – Aug 18, 2023 at 4:10PM

NASDAQ: PGY

Pagaya Technologies

Market Cap

$733M

Today's Change

(7.33%) $0.71

Current Price

$10.40

Price as of April 26, 2024, 4:00 p.m. ET

Pagaya is using artificial intelligence to disrupt the financial industry.

Fool.com contributor Parkev Tatevosian reviews Pagaya's (PGY 7.33%) second-quarter earnings update and answers whether it's a good stock to buy.

*Stock prices used were the afternoon prices of Aug. 16, 2023. The video was published on Aug. 18, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.