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.
NEW YORK & SAN MATEO, Calif., December 01, 2022--Carver Federal Savings Bank Partners with AI Lending Marketplace Leader Upstart to Enhance its Loan Offering Capabilities and Expand Credit
The artificial intelligence-assisted lending platform Upstart (NASDAQ: UPST) has gone from trading at all-time highs in 2021, when shares hit nearly $400, to all-time lows, with shares trading below $18. High inflation, followed by rapidly rising interest rates, has disrupted a key part of Upstart's business model, making formerly enthusiastic investors reverse course. What went wrong for Upstart?