This Fintech Did All The Right Things During the Downturn. Now It's Reaping the Benefits, and Shares Are Still a Bargain.

Fintech stocks have been battered by the economic slowdown of 2019, the COVID-19 pandemic, the subsequent post-pandemic inflation, the regional bank crisis of 2023, and then the recent tariff-related uncertainty of "Liberation Day." But battered fintechs and lenders that survived these successive lending crises are now on the brink of better things -- potentially much better.Case in point: Last week, fintech LendingClub (NYSE: LC) stock rocketed 21.5% on the back of much stronger-than-expected earnings. Yet while strong growth appears to be emerging just now, the seeds of such strong results were planted during the downturn by its thoughtful and long-term-focused management.On that note, the long trough for LendingClub and other fintechs may be giving way to an upcycle that may just be getting started.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool