Pagaya Technologies Ltd. (NASDAQ:PGY) stock prospects are looking increasingly better. Here, I charge that the shares are not expensive for what they offer.Case in point, to say that Pagaya is priced at 19x next EBITDA doesn't do this investment thesis justice. Instead, I point to the fact that Pagaya's investment thesis is dramatically stronger than that of Upstart Holdings (UPST). Why? Primarily because Pagaya doesn't need to lean on its balance sheet to