JLMBEN
2022-03-26

$SoFi Technologies Inc.(SOFI)$Have to be patient with this one , take it as an opportunity to buy low in sell down sentiment  on tech stocks.  

Market fail to recognize Sofi is a bank now, Sofi will benefit from higher borrowing rates, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.   Don't be too worried about the student loan factor, Sofi is well diversified.   Happy investing.  

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Comments

  • Maria_yy
    2022-03-26
    Maria_yy
    At present, SoFi Technologies Inc. is not favored by big money.
    • JLMBEN
      not only Sofi.   A lot of shorter out there in current market environment .   remember the tech bubble era , Amazon was trading and now . :)
  • JLMBEN
    2022-03-26
    JLMBEN

    SoFi Is Still a Long-Term Buy Despite the Student Loan Moratorium

    https://markets.businessinsider.com/news/stocks/sofi-is-still-a-long-term-buy-despite-the-student-loan-moratorium-1031309309

  • JLMBEN
    2022-03-26
    JLMBEN
    this market is crazy , meme stocks like AMC , GME have higher market cap then Sofi.   Only long term investment on Sofi, it will surprise the market when time comes.
  • Ah_Meng
    2022-03-27
    Ah_Meng
    Times have changed... Fintech is no longer valued as highly as just a couple of months ago. Fundamentally, nothing has changed. Only risk appetite of the market participants have changed.
  • BellaFaraday
    2022-03-26
    BellaFaraday
    Yes, rate hikes are good for SoFi Technologies Inc.
  • Lord Tan
    2022-03-27
    Lord Tan
    BY the time people recognise the ceo already suck all money and fly to mars with elon musk already
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