Why SoFi's Q3 Could Be A Turning Point
SoFi Technologies(SOFI) Seeking Alpha·2024-08-26 15:34
Viorika Investment Thesis Despite recent macroeconomic concerns and interest rate volatility, SoFi Technologies, Inc. (NASDAQ:SOFI) has demonstrated resilience with a 9% return since our last coverage, supported by growing loan demand and a slightly bullish technical outlook. While high interest rates challenge home loan originations and student loan recovery, SoFi's diversified platform and ongoing technological scalability provide a solid foundation for long-term growth. Current neutral-to-bullish momentu ...