Better Buy: American Express vs. SoFi Technologies
Credit card king American Express (NYSE: AXP) released an excellent first-quarter earnings report last week that demonstrates a sustained recovery from the pandemic and strong consumer satisfaction. It's a dominant player in its field, and has the tools to keep up its momentum.
SoFi Technologies (NASDAQ: SOFI) is a new player in the financial industry with a bit of a different focus, targeting student loans and offering other credit products. It's posting high growth, but it's far from posting a profit. Which of these is the better buy today?
Image source: American Express.
Source Fool.com
