2024-01-27 06:20:00 ET
Since hitting an all-time high of $25.78 in February 2021, shares of SoFi Technologies (NASDAQ: SOFI) have cratered 71%. But things improved last year in a major way, as the stock skyrocketed 116% in 2023.
Investors are probably looking to ride the momentum to strong portfolio returns going forward. And they might be even more encouraged to learn about a little-known statistic that could boost this business.
Let's take a closer look at this fintech stock and why it could be a no-brainer buy in 2024.
For further details see:
This Little-Known Statistic Might Make SoFi Stock a No-Brainer Buy in 2024