Should You Buy SoFi While It's Below $30?
Many financial services companies benefited from a booming economy and robust consumer spending over the past few years, including SoFi Technologies (NASDAQ: SOFI). The company has moved beyond its initial focus of student loans and added a slew of new financial services over the past few years to attract customers.
SoFi's growth has been tremendous recently, and its share price gains of more than 300% over the past three years have boosted many investors' portfolios. But after all of those gains, is SoFi stock still worth buying while it's under $30?
Here's why investors should be optimistic about SoFi's future, and one word of caution if you buy the stock now.
Source Fool.com
