SoFi Technologies: Buy, Sell, or Hold?

The S&P 500 has been on fire, consistently reaching record highs and showcasing strong performance over the last two years. But when it comes to standout stocks, SoFi Technologies (NASDAQ: SOFI) has rocketed up by 261% since the beginning of 2023. SoFi's ability to expand its customer base and grow revenue has set it apart. After achieving its first quarterly net income a year ago, the fintech has maintained a streak of profitability, delivering several consecutive quarters of solid earnings.SoFi is reaping the rewards of higher interest rates, which have played a pivotal role in accelerating its customer growth. With multiple avenues for further expansion, the company is well positioned for continued success.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool