2 Solid Reasons to Buy SoFi Technologies (SOFI) Stock Now

Positive Earnings and the SOFI Stock Outlook SoFi recently released their excellent Q1 2024 results. The company reported 37% revenue increase and a positive net income. Although the stock remains 72% below its peak, SoFi's growth potential goes beyond sales and earnings, making it a promising value stock to own in the long-term. Sectors such as its Financial Services and Technology Platforms drove SoFi's growth. It contributed 42% of its net revenue, shifting to a more balanced revenue mix. Moreover, the f ...