At ETF PM, we are issuing a maximum position buy alert on Upstart (UPST). This means that our initial target allocation ranged from 1% to 9% in our moderate to aggressive growth portfolios.
We believe there are many reasons to buy UPST as we search for leading artificial intelligence growth companies. The stock gained 16% today and closed at $158 per share with a market capitalization of $13 billion.
ETF PM has long positions in Upstart (UPST).
3 Reasons to Buy Upstart for 2022 and Beyond
Cory Renauer, 2/17/22
If you’re in my line of work, you quickly start to roll your eyes every time you see a business claim that it’s reinvented the wheel with artificial intelligence (AI). Following another blowout quarter, nobody’s rolling their eyes at Upstart (NASDAQ: UPST) and its AI-fueled lending platform.
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