Q: Due to interest rates, both GSY, AFRM and UPSThave taken a beating.
However you seem optimistic about GSY but not AFRM and UPST. What's the reason?
Do you see GSY doubling over the next 12 months.
I am thinking to sell my AFRM and UPST and buy GSY i stead.
However you seem optimistic about GSY but not AFRM and UPST. What's the reason?
Do you see GSY doubling over the next 12 months.
I am thinking to sell my AFRM and UPST and buy GSY i stead.
5i Research Answer:
The main reason is tenure and financial. UPST and AFRM have not been through a recession, whereas GSY has seen and survived multiple downturns. The US companies are not currently profitable, either, and we would consider them both financially more risky. We think GSY is a better and safer stock (plus a dividend) than the other two. The others potentially could do very well in a bull market or rate pivot. We have some brief comments on UPST also posted today.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in UPST, AFRM.