Shares of credit lending platform Upstart Holdings (NASDAQ: UPST) fell another 16% in November, according to data provided by S&P Global Market Intelligence. Upstart's third-quarter earnings came in below expectations, which were already a huge drop from the previous performance. November was an extension of Upstart's magnificent downfall from market darling to sell-off stock.
Upstart Holdings, Inc. (UPST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
If you looked at share price alone as an indicator of a quality business, you might end up missing out on some wonderful bargains on great companies. In bull markets, bear markets, and everywhere in between, it's vital to look beyond share price and assess a business in its totality before you put your money to work. Today we're going to look at two top stocks -- each of which has seen shares fall by double digits over the past year -- that still possess compelling business models and growth trajectories that patient investors can capitalize on over the long term.