These 2 Meme Stocks Have Legitimate Long-Term Upside

Motley Fool2021-09-10

Both of these stocks are expensive but growing quickly. Key Points Meme stocks have preoccupied the market in 2021. Palantir is a meme stock that offers data insights to large organizations. Upstart...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

wallence82
2021-09-16
wallence82
Long term holder of Upstart
YungKhai
2021-09-13
YungKhai
Why is meme stock
maOQiu
2021-09-13
maOQiu
To the moon
- maOQiu:
  [财迷]
Pei_jie
2021-09-12
Pei_jie
Meme.. I don't get that mean for the categories yet
- Pei_jie:
  what is meme
- DonWang:
  Same
Eskay_Tew
2021-09-12
Eskay_Tew
Look at retail market, gaming, clouding services link to those stocks in up trend
- Eskay_Tew:
  long rally, average with correction comes
CokeNBeer
2021-09-12
CokeNBeer
Serious?
- CokeNBeer:
  Haha

Leave a comment

252

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2166378110?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-10 20:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2166378110","market":"us","top_or_hot":-1,"title":"These 2 Meme Stocks Have Legitimate Long-Term Upside","media":"Motley Fool","content":"<div>\n<p>Both of these stocks are expensive but growing quickly.\n\nKey Points\n\nMeme stocks have preoccupied the market in 2021.\nPalantir is a meme stock that offers data insights to large organizations.\nUpstart...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/these-meme-stocks-have-legitimate-long-term-upside/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 2 Meme Stocks Have Legitimate Long-Term Upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 2 Meme Stocks Have Legitimate Long-Term Upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/these-meme-stocks-have-legitimate-long-term-upside/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both of these stocks are expensive but growing quickly.\n\nKey Points\n\nMeme stocks have preoccupied the market in 2021.\nPalantir is a meme stock that offers data insights to large organizations.\nUpstart...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/these-meme-stocks-have-legitimate-long-term-upside/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UPST","symbol_name":"Upstart Holdings, Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/09/10/these-meme-stocks-have-legitimate-long-term-upside/","article_id":"2166378110","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2166378110","pubTimestamp":1631277420,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Both of these stocks are expensive but growing quickly.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UPST":"Upstart Holdings, Inc.","PLTR":"Palantir Technologies Inc."},"translate_title":"这两只迷因股具有合理的长期上涨空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":0.9,"UPST":0.9},"content_text":"Both of these stocks are expensive but growing quickly.\n\nKey Points\n\nMeme stocks have preoccupied the market in 2021.\nPalantir is a meme stock that offers data insights to large organizations.\nUpstart Holdings is a meme stock trying to disrupt the consumer lending market.\n\nMeme stocks have taken over the market in 2021. Described loosely as stocks with high short interest and/or gamma squeeze potential that become popular on social platforms like Twitter and Reddit, meme stocks are a whole new classification of stocks for investors to follow.\nWhile most meme stocks are downward-trending businesses trading at absurd valuations (like Gamestop and AMC Entertainment), a select few are actually strong companies that could be much larger five to 10 years from now.\nPalantir (NYSE:PLTR) and Upstart Holdings (NASDAQ:UPST) are two meme stocks with legitimate long-term upside. Here's why.\n\nImage source: Getty Images.\n1. Palantir\nPalantir is a software company that helps government agencies (mostly in the U.S.) and companies organize data to make informed decisions. This is a broad mandate but can be very useful for large organizations that have so many data points coming in daily. It only has 169 customers as of the end of the second quarter, but these customers are spending millions with Palantir each year.\nIn the second quarter, total revenue grew 49% year over year to $376 million, with U.S. commercial revenue up 90% from 2020. Palantir closed 62 deals of $1 million or higher, including 21 deals north of $10 million. Clearly, organizations are finding value with the Palantir platform. Palantir is also profitable, with $233 million in adjusted operating income in the first half of this year. Investors have a lot of visibility into Palantir's future quarters, with total future deal value increasing 63% through the first half of 2021 to $3.4 billion.\nPalantir stock is expensive, with a market cap of $52 billion versus only $1.3 billion in revenue over the past 12 months. However, if you believe that most large organizations across the globe will use Palantir's data insights, while also factoring in the high amount of future revenue already booked, Palantir's revenue and profits could be much higher a few years from now. This makes the stock a lot smarter to own than other meme stocks.\n2. Upstart Holdings\nUpstart, like Palantir, is an artificial intelligence (AI)-focused company. But instead of serving large organizations, it is focused on the consumer lending market. The company has invented a better way to price loan default risk with consumers than traditional credit scores. It then partners with banks as a digital layer between them and the consumer, helping banks improve loss ratios and consumers get more fair access to loans. Upstart takes on minimal lending risks itself.\nSo far, Upstart's loan technology seems to be catching on extremely quickly. In the second quarter, total revenue grew 1,018% to $194 million, which shows how much banks are starting to use Upstart's lending algorithm. Upstart's bank partners originated 287,000 loans in the quarter, up 1,605% year over year. Even while growing this quickly, Upstart has been able to stay profitable, with $36.3 million in operating income last quarter. Upstart is also pushing heavily into auto loans with its acquisition of Prodigy. Auto loans are a $635 billion market, giving Upstart a long runway to grow if it can gain traction within the industry.\nManagement is guiding for $750 million in revenue this fiscal year. With a market cap of $19.2 billion, that gives the stock a forward price-to-sales (P/S) ratio of 25.6. This is extremely expensive, but as with Palantir, if you believe Upstart can keep up this high rate of growth, this P/S could come down quickly within the next five years. And given the fact that Upstart is already profitable while growing its revenue so quickly, that indicates it can have strong profit margins once its business matures. That makes it a meme stock with real long-term business prospects.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":885662700,"gmtCreate":1631787450600,"gmtModify":1676530635630,"author":{"id":"3564307944903490","authorId":"3564307944903490","name":"wallence82","avatar":"https://static.tigerbbs.com/dea005ab03386f13fa25c505b9a3221a","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Long term holder of Upstart","listText":"Long term holder of Upstart","text":"Long term holder of Upstart","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885662700","repostId":2166378110,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":886068618,"gmtCreate":1631539826134,"gmtModify":1676530569723,"author":{"id":"3581823025693276","authorId":"3581823025693276","name":"YungKhai","avatar":"https://static.tigerbbs.com/4a5f4e885c0d10a9adf1c049adec48f2","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Why is meme stock","listText":"Why is meme stock","text":"Why is meme stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886068618","repostId":2166378110,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":888142341,"gmtCreate":1631463540083,"gmtModify":1676530551941,"author":{"id":"3553680669291881","authorId":"3553680669291881","name":"maOQiu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1},"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888142341","repostId":2166378110,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5844105,"gmtCreate":1631463550139,"gmtModify":1663233778237,"authorId":3553680669291881,"author":{"id":3553680669291881,"authorId":3553680669291881,"name":"maOQiu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888142341,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":888071902,"gmtCreate":1631417441706,"gmtModify":1676530544571,"author":{"id":"4087911896933810","authorId":"4087911896933810","name":"Pei_jie","avatar":"https://static.tigerbbs.com/b373728bbc2a67fa3c6e741ae5b9caae","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Meme.. I don't get that mean for the categories yet&nbsp;","listText":"Meme.. I don't get that mean for the categories yet&nbsp;","text":"Meme.. I don't get that mean for the categories yet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888071902","repostId":2166378110,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5866384,"gmtCreate":1631625934181,"gmtModify":1663233875249,"authorId":4087911896933810,"author":{"id":4087911896933810,"authorId":4087911896933810,"name":"Pei_jie","avatar":"https://static.tigerbbs.com/b373728bbc2a67fa3c6e741ae5b9caae","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888071902,"type":1,"supId":0,"prevId":0,"content":"what is meme","text":"what is meme","html":"what is meme"},{"id":5839512,"gmtCreate":1631421443273,"gmtModify":1663233758339,"authorId":3570713544395478,"author":{"id":3570713544395478,"authorId":3570713544395478,"name":"DonWang","avatar":"https://static.tigerbbs.com/b97d42de04d4d3d4de6f46997504db14","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888071902,"type":1,"supId":0,"prevId":0,"content":"Same","text":"Same","html":"Same"}],"langContent":"EN"},{"id":888086426,"gmtCreate":1631413635665,"gmtModify":1676530543325,"author":{"id":"3578561972068295","authorId":"3578561972068295","name":"Eskay_Tew","avatar":"https://static.tigerbbs.com/c955d556458f3e647eb3cbf75c2f8f54","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Look at retail market, gaming, clouding services link to those stocks in&nbsp;up trend&nbsp;","listText":"Look at retail market, gaming, clouding services link to those stocks in&nbsp;up trend&nbsp;","text":"Look at retail market, gaming, clouding services link to those stocks in up trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/888086426","repostId":2166378110,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5918763,"gmtCreate":1632015598788,"gmtModify":1634792697881,"authorId":3578561972068295,"author":{"id":3578561972068295,"authorId":3578561972068295,"name":"Eskay_Tew","avatar":"https://static.tigerbbs.com/c955d556458f3e647eb3cbf75c2f8f54","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.12%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":888086426,"type":1,"supId":0,"prevId":0,"content":"long rally, average with correction <u>comes</u>","text":"long rally, average with correction <u>comes</u>","html":"long rally, average with correction <u>comes</u>"}],"langContent":"EN"},{"id":881705832,"gmtCreate":1631402001026,"gmtModify":1676530539888,"author":{"id":"3581722811684208","authorId":"3581722811684208","name":"CokeNBeer","avatar":"https://static.tigerbbs.com/d83481d848bfcbe3dc2d701ebc1e6ce0","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Serious?","listText":"Serious?","text":"Serious?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881705832","repostId":2166378110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5835403,"gmtCreate":1631402010658,"gmtModify":1663233740925,"authorId":3581722811684208,"author":{"id":3581722811684208,"authorId":3581722811684208,"name":"CokeNBeer","avatar":"https://static.tigerbbs.com/d83481d848bfcbe3dc2d701ebc1e6ce0","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.91%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":881705832,"type":1,"supId":0,"prevId":0,"content":"Haha","text":"Haha","html":"Haha"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":252,"commentSize":62,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2166378110"}