SoFi: Buy, Sell or Hold?

The banking industry is one of the oldest around. But it’s also one of the biggest because everyone needs financial services at some point in their lives. This creates opportunities for innovative companies to carve out a niche in the huge sector.

Knowing that people would appreciate a technology-based platform, SoFi technologies (NASDAQ: SOFI) has been wildly successful since its inception more than a decade ago. But its stock has historically been a major disappointment, as it trades 71% below its February 2021 high.

Investors should buy, sell or own this fintech stock?

Continue reading