Is SoFi Technologies Stock a Buy?
There's a lot of instability across the banking sector right now; bank runs and government policies have investors scrambling to separate the healthy banks from the weak.
Digital bank and fintech company SoFi Technologies (NASDAQ: SOFI) has been caught in this volatility. The stock has already been beaten down in this bear market, but shares shed another 18% over the past month and now sit almost 80% off of highs. This banking crisis should eventually pass like others before it, making this an excellent opportunity to buy the right stocks in hindsight.
Does SoFi make that cut? Here is why it does, and investors should consider adding the stock at these prices.
Source Fool.com