Should You Buy SoFi Stock Before Earnings? | SOFI Stock Analysis

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  • Опубликовано: 28 май 2024
  • Given the better-than-expected macroeconomic conditions to start 2024, Sofi could revise forecasts higher.
    Fool.com contributor and finance professor Parkev Tatevosian previews Sofi's earnings results and whether investors should buy ahead of the announcement.
    A portion of this video is sponsored by The Motley Fool.
    Visit fool.com/parkev to get access to my special offer.
    The Motley Fool Stock Advisor returns are 637% as of 02/26/2024 and measured against the S&P 500 returns of 149% as of 02/26/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
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Комментарии • 46

  • @evelynmurphy9102
    @evelynmurphy9102 28 дней назад +1

    I’m not a sofi owner but I did watch your video & appreciate how you advised that even tho you thought sofi earnings would be good, one should hold off till after earnings which was a great call.
    We are bombarded by ads telling us about some great opportunity & too many throw money on the table as if we’re playing craps in Vegas. So, it’s great to have someone like you advising us to be cautious with our hard earned dollars. Thank you!

    • @parkevtatevosiancfa9544
      @parkevtatevosiancfa9544  28 дней назад +1

      Thank you for the kind words, Evelyn. The moment we earn money we are inundated with temptations to separate us from our earnings. Nowadays, we are tempted even before we earn with solicitations to borrow and spend.

  • @misterj102
    @misterj102 Месяц назад +7

    Anything under 8.00 is a buy team!( NFA)

  • @sksharma826
    @sksharma826 Месяц назад +7

    Thanks for the video. I have SOFI

  • @sergiogomezr
    @sergiogomezr Месяц назад +9

    Thanks. Currently holding Sofi. I’ll buy more if it dips

  • @Smddlvvs
    @Smddlvvs Месяц назад +3

    been holding this for long time and wanted to hold for sometime

  • @gurdavbains3361
    @gurdavbains3361 Месяц назад +1

    Thank you for the update

  • @SweetsXify
    @SweetsXify Месяц назад +6

    Thanks for this one. Been looking into Sofi and wasn’t sure l!

  • @billymadden858
    @billymadden858 Месяц назад +10

    SoFi to the moon!

  • @LauH001
    @LauH001 Месяц назад

    Awesome

  • @TheSykashani
    @TheSykashani Месяц назад

    should i buy southwest airline

  • @OGDeeHiggins
    @OGDeeHiggins Месяц назад +1

    I’m holding SoFi. I’ll hang tight

  • @CS-00
    @CS-00 Месяц назад +1

    Can you look into opera? Keep up the good work 👏🏼

  • @br2965
    @br2965 Месяц назад

    I have about 13k sofi shares, I will another smaller portion if it go bellow 7.

  • @barrysbit4733
    @barrysbit4733 Месяц назад

    SOFI my number 1 pick

  • @jw4172
    @jw4172 Месяц назад

    Why wait till it’s more expensive? 8 straight quarters of beat and raise isn’t enough? Enjoy paying more and getting in with the FOMO crowd after the run.

  • @kandralmckenzie6522
    @kandralmckenzie6522 Месяц назад +2

    Can you do a video on microstrategy please

    • @parkevtatevosiancfa9544
      @parkevtatevosiancfa9544  Месяц назад +2

      Yes, it has been on my list for a while.

    • @EddieSerban
      @EddieSerban Месяц назад

      Mstr 😂😂 is just a stock that will vanish once The Bitcoin gloom will be over

    • @Wk98asP23
      @Wk98asP23 Месяц назад

      Bitcoin running strong , I am not in bitcoin

  • @gamerd8709
    @gamerd8709 Месяц назад +3

    the stock has been punished unfairly after performing so well in a bad economic environment in 2023.
    so the fact the company hit profitablity in high interest rate environments is impressive. you should touch on that subject a little more.
    instead of always saying its a risk because of personal loans which is something you have said for over a year now.

    • @jw4172
      @jw4172 Месяц назад

      Yeah, no risk no reward, but this is as close to a sure thing as you’ll see in your lifetime. A lot of these pessimists and conservative people are gonna be pissed they missed the boat sooner than later. $.02 EPS with a beat and raise for the 9th straight quarter coming. When will these guys learn? Too late I bet.

  • @Periquito_pin_pan
    @Periquito_pin_pan Месяц назад

    This company will be a printer machine, it's been beating mumbers every quarter, only reason is at this price is thanks to the shorters....hate them

  • @deej5829
    @deej5829 Месяц назад

    I wouldn't buy sofi until Powell cut interest rates

  • @AJThielmann
    @AJThielmann Месяц назад

    Another triple beat. Another spike. Another short manipulation back down.
    Im buying into earnings and will sell a third of my position on the rip before it sells off. Going to dump the gains into Palantir befor their earnings.

  • @okboomer6201
    @okboomer6201 Месяц назад +1

    I bought puts on SOFI

    • @PavilionInvestments
      @PavilionInvestments Месяц назад +2

      And you'll be selling them back At a loss. 😂😂

    • @gamerd8709
      @gamerd8709 Месяц назад

      goodbye money

    • @okboomer6201
      @okboomer6201 29 дней назад

      @@PavilionInvestments 🤣🤣🤑 💰🤑💰🤑🤑💰🤑🤑🤑💰💰💰🤑🤑🤑🤑🤑💰

  • @globalismoblackman
    @globalismoblackman Месяц назад +3

    Oh No I am staying away from Sofi. Holding a small position of this stock for 2 years. Its a lacklustre damp squib 😅😂

    • @sksharma826
      @sksharma826 Месяц назад +2

      Hold for at least 5 yrs.

    • @Myrecipes582
      @Myrecipes582 Месяц назад

      I have been holding for a month but I already have headache.

    • @sksharma826
      @sksharma826 Месяц назад

      @@Myrecipes582 Investing is for long term investor. I have been holding good stocks foe more than decades. I dont look everyday. I chechk them once a month

    • @steveshaneyfelt7150
      @steveshaneyfelt7150 Месяц назад

      @@Myrecipes582😂

    • @AJThielmann
      @AJThielmann Месяц назад +2

      They just started to become profitable. Don't lose faith now.

  • @DRG342
    @DRG342 Месяц назад +1

    I hear that this company is on the predatory side when it comes to their loans.

    • @IvyLeagueRedneck
      @IvyLeagueRedneck Месяц назад

      Predatory lending is such a joke. There is no such thing. The Govt forces so many disclosures and so much transparency that everyone knows what they are borrowing. If they can't understand basic loan terms, I am sure they have friends or family that do. SOFI offers banking services. Their products either work for the borrower or don't. But there is no predator out there forcing anyone to sign up or anything hidden, or they would fined and suffer reputational damage. it's not worth it. I use Sofi. moved from wells after 30 yrs and love them. great Bank.

    • @gamerd8709
      @gamerd8709 Месяц назад

      your a fool