SoFi's Growth Is Slowing Down. Here's Why You Should Buy It, Anyway.
Tech stocks are back with a vengeance this year after falling off a cliff in 2022. The Nasdaq 100 tech sector index is up a whopping 39% so far in 2023, leading the overall-market's rebound.
As with any average or index, some stocks are accounting for more growth than others. SoFi Technologies' (NASDAQ: SOFI) stock doubled this year, and there are plenty of reasons to be confident that it can go even higher.
There are so many fintech companies that provide similar services to SoFi, but the bank is differentiating itself in ways that resonate with its customer base. It offers an extensive suite of digital financial services on its website that are easy to use -- and charges low fees.
Source Fool.com
