8 Reasons To Buy SoFi

Riyado Sofian
4.9K Followers
(21min)

Summary

  • Despite a challenging macro environment, SoFi posted a triple-beat quarter.
  • With flawless execution, raised guidance, and looming rate cuts, the sky's the limit for SoFi.
  • However, the stock is still down 70% from its all-time highs.
  • In this article, I will highlight why SoFi is a generational buy here.

SoFi Stadium Ribbon-Cutting Event

Rich Fury

Introduction

SoFi (NASDAQ:SOFI) just reported what turned out to be one of, if not, the best quarter in the history of the company, beating analyst estimates in Revenue, EPS, and guidance.

This is despite a challenging macro

This article was written by

4.9K Followers
My goal is to help you find the companies of tomorrow.I am a long-term growth investor in search of innovative companies that make the world a better place. My investment strategy revolves around finding what I call "divergent stocks" — disruptive companies that have strong fundamentals and long growth runways, but depressing prices.You can find me on YouTube as well:https://www.youtube.com/@riyadosofian

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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About SOFI Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on SOFI

Related Stocks

SymbolLast Price% Chg
SOFI
--