2 Stocks that shown tremendous growth ( Q2 21 earnings) and have potential to go higher
Hi all, We are in the midst of earning season again, and this is usually the period which Investors are always worried, as stock prices (usually) follow the earnings. With an earnings miss, the stock can be crashing down to earth whereas for a stock earnings beat, the stock can be seen going to the moon. For the last week, there are 2 stocks that have shown exceptional earnings, and have potential to go much higher as they grow their revenue exponentially. 1. UPST So in a nutshell, Upstart is a disruptor and provides a lending platform that uses a unique proprietary model driven by artificial intelligence (AI) to determine a borrower's creditworthiness. Quarter 2 results were exceptional, given by the key results below. Q2 revenues were $194M > up 1,018% YoY (compared to Q2 2020)- Stunning growth which means a 10X revenue growth, have never seen this kind of results before. Quarter on quarter growth is 60% (Meaning Quarter 2 2021 grew 60% from Quarter 1 2021) Bank ...