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This Growth Stock Might Not Be On Sale Much Longer


Sometimes the overall noise of a frightened stock market can drown out positive news for individual companies. This recently happened to digital banking firm SoFi Technologies (NASDAQ: SOFI) when it confirmed via a tweet that it could soon receive a national banking charter.

The stock market doesn't yet appear to have priced the charter into SoFi's stock price, allowing investors to continue buying at lowered levels. Here is why SoFi's potential bank charter is a big deal and why the stock might not stay down for much longer.

Image source: Getty Images.

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Source Fool.com

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