Reported 1 day ago
In a recent segment on Mad Money, Jim Cramer voiced his disapproval of Upstart Holdings, Inc. (UPST), advising against investing in it in favor of more established banks like JPMorgan. Cramer's skepticism stemmed from the company's reliance on artificial intelligence for lending decisions, despite its significant stock price increase of nearly 92% since his initial comment. While acknowledging the potential of UPST, Cramer indicated that other AI stocks might offer better investment prospects.
Source: YAHOO