Prediction: Upstart Will Soar Over the Next 5 Years. Here's 1 Reason Why.

Even though its stock fell after earnings, Upstart's (NASDAQ: UPST) business is doing incredibly well, even in a challenging environment for lending. The company's loan origination volume increased by an incredible 154% year over year, an acceleration over the prior quarter's already impressive growth rate. Plus, Upstart surprised investors by reporting positive net income for the first time in several years.To be fair, there are some concerns, and the stock didn't fall for no reason. Upstart is approving a greater percentage of its applicants than in previous quarters and is also carrying 25% more loans on its balance sheet compared with the first quarter. These factors can add to the perceived risk level.However, I'm confident that Upstart will handily outperform the S&P 500 over the next five years. And there is one big reason why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool