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Stock impact report

Is SoFi Stock a Once-in-a-Generation Investment Opportunity While It's Below $10? [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
That's because the internet and tech advancements have created new avenues for businesses to serve customers. This is precisely what SoFi Technologies (NASDAQ: SOFI) is doing. Its name recognition seems to get more powerful with each passing year. However, the fintech stock has largely been a disappointment for investors. The shares currently trade about 75% off their peak in February 2021. But is SoFi now a once-in-a-generation investment opportunity while it trades well below $10? Growth The big money-center banks like JPMorgan Chase and Bank of America have physical branches across the country, which have long been their primary method to attract retail customers. But amid the rise of smartphones and the internet, SoFi's business model is fully digital. The online-only bank leans on technology to cater to its user base. Consequently, SoFi is automatically able to target a nationwide pool of potential customers because it isn't confined to a specific geography. Moreover, i Show less Read more
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