$SoFi Technologies (SOFI.US)$ Have to be patient with this ...
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.
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.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
JLMBENOP : 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
FelonTraderSoWhat : the way things are looking with the pandemic easing up even the student loan factor may be a potential catalyst for the second half of the year. no more extensions hopefully.
JLMBENOP FelonTraderSoWhat: anything is possible, with this Biden administration nothing is certain. Gladly to say , Sofi has diversified away rather then relying on student loans.
RDK79 : Was a SOFI fan but CEO needs to tone down his knee jerk, sour grapes, political comments.
JLMBENOP RDK79: I can understand the frustration Noto is having and frankly do not blame him for doing so. it would be good for him to keep the comment general rather then pointing to specific group or person.
RDK79 JLMBENOP:
. Maybe CEO meant CEO inaction. He should concentrate on making SOFI successful and not be so quick to blame political parties. SOFI Board may need a CEO Plan B.