Why SoFi Stock Is a Smart Buy Right Now

SoFi Technologies (NASDAQ: SOFI) went public in June 2021 following a SPAC merger orchestrated by venture capitalist Chamath Palihapitiya. Since then, the stock has underperformed the broader market, and the share price has fallen 31% from its all-time high. Even so, investors shouldn't give up on SoFi just yet.

In this Backstage Pass video, which was recorded on Nov. 8, 2021, Motley Fool contributor Trevor Jennewine shares his thoughts on this fintech company, providing an overview of SoFi's business and why the stock still looks like a good investment.

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Source Fool.com