1 Stock I Bought That Could Produce 10X Returns
Consumer lending has been transformed by fintech companies over the past decade, and investors have taken notice. Start with Upstart Holdings, whose impressive revenue growth has sent its stock up more than 1,000% since it went public in December.
While Upstart is a solid company making huge strides, investors buying its shares now are paying a hefty premium. At Tuesday's prices, its stock was trading at more than 50 times revenue and almost 40 times tangible book value (TBV). If you're wary of paying that kind of valuation but excited about new opportunities in consumer lending, there's another stock that might be just the thing for you.
Source Fool.com
