Growth stocks have generally taken the worst beatings in the 2022 market downturn, and that's true of some companies that have incredible long-term potential. Here are two stocks in particular that could have home-run potential for patient investors who buy at these levels.

The concept of an online bank has been around for a few decades now, but SoFi (NASDAQ: SOFI) is doing things a little differently. Instead of offering an attractive niche product (like a high-yield savings account), SoFi's goal is to offer everything its customers need, and get them to abandon their current banks altogether. As if that wasn't ambitious enough, SoFi also owns the Galileo fintech infrastructure platform, and has said it wants to evolve into the "AWS (Amazon Web Services) of finance."

Recent results certainly have been impressive. SoFi has grown its membership base by 450% over the past three years to over 4.7 million and has done a great job of increasing adoption of its checking, savings, and credit card products. This should help create a natural marketing funnel for its high-profit lending products. Galileo has grown by leaps and bounds as well, with 124 million customer accounts on its platform, 40% more than it had just a year ago.

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Source Fool.com