The Market Continues to Misunderstand LendingClub
Recent inflation fears have led to a broad sell-off of fast-growing tech stocks and a rotation into more value-oriented stocks or cash. The marketplace bank and online personal lender LendingClub (NYSE: LC) has been grouped into the sell-off, with its stock down nearly 16% this month.
While LendingClub is partially a tech and growth investment, the market is missing a huge side of the story. Here's why.
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Source Fool.com
