Nasdaq Sell-Off: This Magnificent Stock Is a Bargain Buy

Core Viewpoint - The Nasdaq stock market has entered correction territory, with the Nasdaq Composite down approximately 14% from its recent high, presenting potential buying opportunities for long-term investors [1] Company Overview: SoFi Technologies - SoFi Technologies has experienced significant stock price volatility, losing over a third of its value in the past six weeks, despite entering 2025 with strong business momentum [2][3] - In 2024, SoFi achieved a 26% revenue growth, reaching an all-time high, and recorded its first full year of profitability with the highest adjusted EBITDA, adjusted EPS, and net income in its history [4] - The company ended 2024 with 10.1 million members, a 34% increase year-over-year, and reached $25 billion in deposits, a notable achievement given its lack of a banking charter until 2022 [5] Business Growth and Opportunities - SoFi is expanding its loan platform business, which generates low-risk, capital-light fee income by originating loans for third-party lenders [6] - The company launched two new credit cards in Q4, targeting its affluent membership base, with potential for further premium or travel credit card offerings [7] - SoFi anticipates approximately 25$700 million securitization of personal loans [10] Market Context - While the overall market is experiencing a downturn, the stock of SoFi is becoming increasingly attractive from a risk-reward perspective, potentially offering a bargain if the company maintains its growth momentum [11]