Pico has been in business for 10 years. The company is trying to compete with upstart lenders like Fannie Mae and Freddie Mac. Pico says it doesn't see any evidence that its model will change over the next few years. It's working well, but there are still a lot of things they need to do to win over more lenders.
Upstart Holdings is a lending platform, powered by artificial intelligence. Shares are down more than 70% year-to-date. It’s down, but not out. CEO Dave Girouard joined Motley Fool CEO Tom Gardner to discuss: - How Upstart is using its balance sheet now - Growth opportunities in auto lending - One stock idea (that’s not his own company)
Stocks mentioned: UPST, AMZN, AAPL, ZM, GOOG, GOOGL
Host: Tom Gardner Guest: Dave Girouard Producer: Ricky Mulvey Engineer: Dan Boyd, Adam Landfair
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