This 1 Meme Stock Has Legitimate Long-Term Upside
Remember the situation in the stock market in early 2021? Companies lacking sound fundamentals, like AMC Entertainment and GameStop, saw their shares skyrocket in no time.
While such "meme stocks" generally make for terrible investments, there is one current meme stock that has legitimate long-term upside: SoFi Technologies (NASDAQ: SOFI). It's not hard to find reasons to like this fintech company.
The banking industry is notorious for not being the most user-friendly. Outdated technological systems and the tendency to react slowly to changes have created a wide-open opportunity for a digital-only bank like SoFi to find outsize success. In fact, some customers have said that SoFi has provided the best banking experience they've seen.
Source Fool.com