SoFi Technologies: Why Now Is The Time To Buy

Aug. 18, 2021 1:15 AM ETSoFi Technologies, Inc. (SOFI) Stock120 Comments
The Asian Investor profile picture
The Asian Investor
27.36K Followers

Summary

  • SoFi’s member growth accelerated in Q2’21.
  • The FinTech reiterated its FY 2021 outlook regarding revenues and EBITDA.
  • With strong growth ahead, shares of SoFi are a buy.

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SoFi Technologies (NASDAQ:SOFI) is growing its platform at a rapid rate and steadily rolling out new financial service products to improve customer monetization. SoFi posted impressive revenue gains Y/Y and the FinTech is set for

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The Asian Investor profile picture
27.36K Followers
I look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SOFI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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