Why I'm Watching SoFi as a Financials Pick I Don't Own Yet
SoFi's sell-off has made its stock look much more compelling.
Overview
While I don't own any shares yet, I'm becoming really interested in SoFi Technologies (NASDAQ: SOFI). The financial technology stock is down more than 30% this year and currently sits over 45% below its 52-week high. That lower price certainly makes SoFi much more interesting to me.
Here's why I don't own any shares yet and what would convince me to buy the financial stock.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.