Where Will SoFi Stock Be in 1 Year?
There aren't too many deals on the market today. Tech stocks with massive potential trade at high multiples, and investors have to wonder whether those stocks are worth their current asking prices. At the same time, there are plenty of value stocks trading at low prices but offering lower growth potential.
Smart investors seek out those rare opportunities where high-growth stocks are trading at dirt-cheap valuations. Those companies often come with greater risk as well, but sometimes the payoff is huge.
That's why it seems more and more curious that SoFi Technologies (NASDAQ: SOFI) stock keeps dropping as it reports more and more impressive performance. The fintech stock is demonstrating robust growth, trades at a low earnings multiple, and the risk lessens each time it smashes through expectations.
Source Fool.com
