SOFI Stock Reaches 52-Week High: Is it Still a Good Time to Buy?

SoFi Technologies, Inc. (SOFI) shares hit a 52-week high of $17.04 on Monday, before closing a tad lower at $16.88.The stock has more than doubled over three months, rallying 102% compared with the industry's meager 11% rise.Image Source: Zacks Investment ResearchRate Cuts, Refinancing and Digitalization Drive SOFI StockSeveral factors contribute to SOFI's impressive price surge and serve as catalysts for future growth.The Federal Reserve's recent rate cuts have significantly boosted SOFI by alleviating pre ...