1 Top Fintech Stock to Buy in July
It has been a great year so far for technology stocks. The Nasdaq Composite is up about 31% year to date, after falling about that much in 2022. Fintechs have been a big part of that growth story, as many have been skyrocketing, like Upstart, which is up about 182% since the start of the year.
With some of these high-flying fintechs, they're just seeing short-term rebounds after massive losses over the past two years, but with others, there is still room to run. With second-quarter earnings results coming up in the next few weeks, SoFi Technologies (NASDAQ: SOFI) is a fintech to watch.
SoFi is one of those fintechs that has had a meteoric rise in 2023, with shares up about 78% year to date. But there appears to be more room for SoFi to run.
Source Fool.com
