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Is SoFi Stock a Buy?

TheMotleyFool

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SoFi Technologies (NASDAQ: SOFI) has been on a wonderful run this year, up 111% as of Dec. 22. That's an impressive gain, especially given the higher interest rates we've seen in the United States.

Are the strong returns set to continue in 2024? There are valid reasons for investors to buy this digital bank stock as we look toward the New Year, but there are also factors that might turn you away.

Let's look at the positive and negative arguments for investing in SoFi.

Source Fool.com

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