SoFi Technologies: Poised For Long-Term Profitability

SOPA Images/LightRocket via Getty Images Thesis Back in May last year, I covered SoFi Technologies, Inc. (NASDAQ:SOFI), where I discussed the company’s strong range of products but assigned a hold rating to the stock due to the FED’s hiking cycle, which I believed posed a risk to the company’s loan portfolio. However, SOFI has continued to do well, and the stock is up 67% since my article. The company has continued to post strong result and has been able to grow its deposit base & benefiting from lower  ...