Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

SoFi is making some interesting moves that could pay off in the long run.SoFi (SOFI 3.42%) is one of the more innovative companies in the banking industry, and that doesn't seem likely to change anytime soon. In this video, Fool.com contributor Matt Frankel discusses two recent developments and why he's eager to see how they play out.*Stock prices used were the midday prices of Nov. 4, 2024. The video was published on Nov. 5, 2024. ...

Internal and external factors are now both working in its favor.Investors are getting excited about SoFi Technologies (SOFI 3.42%) stock again. The fintech superstar lost market confidence earlier this year as its lending business came under pressure from interest rates, but it has continued to gain traction as a real alternative to the big, traditional banks.Chief Executive Officer Anthony Noto is confident that SoFi will become one of the 10 biggest banks in the country. "It's a matter of when, not if," h ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

SoFi recently reported its third-quarter results, and there is a lot to like.SoFi Technologies (SOFI 4.67%) recently reported earnings. Not only did the company beat expectations on the top and bottom lines, but it's tough to find much to complain about. In this video, Fool.com contributor Matt Frankel discusses the numbers and what he's watching as we head into the last couple months of 2024.*Stock prices used were the midday prices of Nov 4, 2024. The video was published on Nov 5, 2024. ...

Core Insights - SoFi Technologies (NASDAQ: SOFI) exceeded earnings expectations for its third fiscal quarter, showcasing strong membership growth, revenue increase, and adjusted EBITDA margins [1] Group 1: Financial Performance - The company reported impressive results in terms of membership expansion [1] - SoFi achieved top line growth, indicating a positive trend in revenue generation [1] - The company maintained GAAP profitability, reflecting its financial health [1]

My goal is to help you find the companies of tomorrow.I am a long-term growth investor in search of innovative companies that make the world a better place. My investment strategy revolves around finding what I call "divergent stocks" — disruptive companies that have strong fundamentals and long growth runways, but depressing prices.You can find me on YouTube as well:https://www.youtube.com/@riyadosofianAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MQ, SOFI either through stock ...

SoFi Technologies, Inc. (SOFI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +31.9%, compared to the Zacks S&P 500 composite's -0.5% change. During this period, the Zacks Financial - Miscellaneous Services industry, which SoFi Technologies falls in, has gained 2.1%. The key question now is: What could be the stock's fut ...

After months of decline, the market is finally liking SoFi stock again.SoFi Technologies (SOFI -1.16%) gained 42% in October, according to data from S&P Global Market Intelligence. It hadn't impressed investors this year despite reporting a profit in every fiscal quarter. However, it finally wowed the market with its third-quarter results.On a rollSoFi has been reporting strong growth pretty much since it went public, but now it's also profitable. Its stock dropped in the previous bear market, and with its ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start November, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and d ...