This fintech could be about to pop, but this trade is not for the faint of heart, says Carter Worth

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This fintech could be about to pop, but this trade is not for the faint of heart, says Carter Worth

(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Lending platform software company, in the consumer finance space, Upstart Holdings (UPST) is due to report earnings this coming Tuesday. The stock gapped up 39.51% and 46.02% in response to earnings the last two quarters, respectively. We are buyers here for a prospective pop. See how volatile the stock is post-earnings: This is a very straightforward trade and it is not for the faint of heart. DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.

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#fintech #pop #trade #faint #heart #Carter #Worth

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