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1 Digital Banking Stock Down 61% to Buy and Hold Forever
SOFISoFi Technologies(SOFI) The Motley Fool·2024-10-20 00:12

This financial jack-of-all-trades stock could be a big winner for years to come. SoFi Technologies (SOFI 3.14%) is on a roll. The stock recently soared to $10 per share, its highest price since early 2022. It's progress, but the stock is still down about 60% from its all-time high, set during the market bubble in 2021. SoFi is a digital bank, but it's not exactly a banking stock. (Well, it's not a traditional bank stock.) So, just what is SoFi? It could be an industry disruptor with traditional banking feat ...