Reasons Behind My Decision to Buy SoFi Stock

Thursday, 2 May 2024, 15:57

Discover the latest update on SoFi stock performance including insights from recent earnings report and comments during the call. Find out why despite a 30% decline, SoFi Technologies remains a compelling investment opportunity.
https://store.livarava.com/bf9eb015-089d-11ef-a6c1-63e1980711b2.jpg
Reasons Behind My Decision to Buy SoFi Stock

SoFi Stock Analysis

SoFi stock is down close to 30% this year. In this video, I will talk about SoFi Technologies' (NASDAQ: SOFI) recent earnings report and comments that were made during the call as well as explain why I will keep buying the stock for one simple reason.

Should you invest $1,000 in SoFi Technologies right now?

Before you buy stock in SoFi Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them.

The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002.

Neil Rozenbaum has positions in SoFi Technologies

The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe