Why You Need 1,000 SoFi Shares Today!
HTML-код
- Опубликовано: 9 июн 2024
- SoFi is one of the most exciting fintech stocks in the market today. In this video I walk through 5 reasons to invest in SoFi, going over everything from their product strategy to their revenue growth numbers.
SoFi is currently growing their user base at nearly 50% per year while making 40% more revenue every year, and they are experiencing this explosive growth while improving their profit margins. Despite this, the stock price has been trading below their Book Value - meaning the market was massively undervaluing this company’s potential - until recently. In the past month, SoFi's stock price has risen a crazy 90%, and it has the potential to go even higher.
SoFi is now poised to begin taking customers from the 500 million legacy bank accounts. Their services like the SoFi App, SoFi credit card, Galileo Technology Platform, and their lending business all combine into the SoFi Productivity Loop, where each new product makes their existing products more valuable. SoFi has also reached the point where they are variable profitable for services, meaning each new customer from here on out will make SoFi more money than before.
This analysis will show why I currently invest in SoFi stock, and will also provide an overview for anyone considering investing in the company. The video does come from my perspective as a tech growth stock investor, so that will affect the conclusions I come to vs what a value investor might conclude.
📈 💸You can get free stocks by signing up for these apps:
► Get $15 from SoFi: sofi.app.link/kzMLLABQelb
► Get up to $70 worth of stock from Public: share.public.com/fintek when you use code "fintek"
► M1 Finance (Get $30 when you deposit $100): m1.finance/YIPMuDmLpBtZ
► Robinhood (Get a Free stock when you sign up):
join.robinhood.com/kuranm1
► WeBull (Get up to 12 free stocks valued up to $3300 when you make a deposit):
act.webull.com/invite/share.h...
🔒 Secure your Crypto with a Ledger Hardware wallet:
shop.ledger.com?r=51c1dc89cd3e
🎥 My Video Equipment:
Camera: amzn.to/3ziQnSL
Tripod: amzn.to/2TdllLI
Microphone: amzn.to/3xgPFUz
🔎 Sign up for $40 off Seeking Alpha Premium: www.sahg6dtr.com/6LLK35/55M6S/
I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Your video is so well done! Subscribed! Long live SoFi!
5000 shares here, great video. I need bullish videos of SOFI heh.
I’ve been a bit hesitant with sofi lately as a newer inversor because of how it has dropped but I’m going to stick with it
70,000 shares at $8.03 avg. Been buying since January 2022.
Daaaaamn!!!! You made it!!!! Lol
@@sauljimenez6738 will see in a couple of years
Damn!!70K...definitely in a different wheelhouse than mine!😅
I’ve got 100 shares at an average cost of $5.23. Still selling puts and collecting premium and will get to 200 soon.
Thanks SoFi update.
Good video on SoFi, thanks! Made my wife get 10,500 shares at cost basis of about $9.30 so a little under water. Your cost basis is great!
My average is $9.50 2,250 shares confident for the long term
So you put 21,000 dollars real quick? Damn good for you I barely got 106 shares at 7.92 a share
Get some APLD applied digital
I’m getting on the train Monday
Same but I bought in on the recent dip at $6.63, and got my average down to $7.74
31828 shares at 14,93.Long term here
The good old Pump and Dump strategy is in full effect.
Interesting facts and projections.
9,205 with an adjusted cost basis of 6.48 when factoring in premiums collected from selling cash secured puts & covered calls
When will you post top 10 stocks to buy
What about the rate hikes, recession etc? Rates are also high, so student loan rates will be high
1065 shares at 8.90. Holding long!
I’ve got 33,129 shares at a average price of 5.68, however it was slightly lower before at 5.48, but I’ve recently bought 1k shares at 8.25 & 2k shares at 7.75, personally i don’t care if it goes lower to 7 or 6 & even further down as I’ll continuously buy. I’ve got a target of 35k this year, however if it tanks possibly just after earnings I’ll buy a lot more.
Wow, shows the confidence you have in the company. I have a strong feeling you will be able to retire on this stock alone. Well done!
Nice job.
Just bought 378.8 shares today at $7.86. Total of 488.8 shares at $7.95. Buying more later this year. Trying to get to 1k shares myself
Great video. Have 100 shares at $8.20 and sold cash secured puts at $8. As price rises will sell covered calls to grow income or purchase more shares. Definitely looking to buy more now
This is a great analysis. Buying 1,000 shares this week. Thanks
Glad it was helpful!
Average stock price $6.31.
Should we buy more now or do you think the price cs. Go lower .
While all the market stocks super red and low..
Sofi still holding strong. ..
I am very positive with sofi will go 3X
Holding 1,200 shares . Anthony Noto one of the Best CFO
9,500 shares, let’s go
My average cost is 9.13 and about 30 shares but it dropped to 8.7 😢
Please cover NNDM! Nano dimensions is now profitable! They also have a billion dollars in cash and that’s almost double their market cap. I think they will run up big time now!
Nice video
1124 shares at $8.55 average cost.... informative video...
Google says that about 50% of people pay off their student loans. Is that good enough to make the share price rise over time?
Been in since it was a SPAC!
valuing a bank by PE?
My average is $4.95 100 shares
21089 shares at 5.21, need more, hungry for more....slow and steady
my cost basis currently $5.74 100 shares adding more shatres at every major dip of 5% or greater ... sooon to be a user of sofi investment servicres
My average is $14.70 so I've got a long way to go. I bought when it was still a SPAC.
I had a 24 avg . Got it down to $7
@@mjregan88did you buy 10 shares at 24 then 200 shares at 5??? Lol
@@TheIvyLensDCA
@@mjregan88very impressive
I got 70 K shares and I’m holding long-term
My cost basis is 4.39 with 4,750 shares
Great info and breakdown on SoFi. Coat basis is 8.62, looking to bring it down.
Mine is very similar, i dont think we will get a chance to do that. I dont see it going lower that 8.50
71 shares at $8.37 a share
Can you explain why So Fi? What do they bring to the table? I use Fidelity and I just don't understand why would someone switch from Fidelity for example to So Fi? What is the reason? What is so special that So Fi offers that Fidelity does not?
HUH ????
@@jamesmarshall3311 What do you mean huh? I am trying to figure out what is so special about So FI comapred to another company like Fidelity for example.
You need to read up on SoFi if you are curious. For starters SoFi is a bank, Fidelity is not, big big difference. I think you are comparing apples to oranges.
So let me shill you my shares as I have 1000 shares. Please buy...lol
are you monitoring IMAB stock by any chance? It's supposed to be the most undervauled stock according to Morningstar.. would you do an analysis of it?
It’s mainland China hahaha good luck.
@@TheIvyLens according to Morningstare it has an upside potential of more than 500%.. its main shareholder I believe is a big Singapore fund
6.68$ my cost average with 300 share
800 Shares @ 4.97, Planning to push it to 3000 Shares if there is a substantial drawback in the stock price.
What price do you consider a substantial drawback? Are you expecting it to drop under $5 again?
Just curious.
1500 and adding more
Started buying in the tens got my average down to 6.80 in my opinion do not buy right now you should have bought when it was 4-5-6 bucks don’t chase this run we will see lows again.
3500 shares and holding
My avg is $10.5.. Have got 1000 shares.
214 Sofi shares @ $5.61 avg cost
My cost base is 7.44 and I have 1184 shares
Is SOFI lending Students loans ?
I own 6500 shares. I buy weekly
GYYYYYAAAATTTTT
What are your thoughts on $NNDM? They are a crazy 3d printing /Ai company and they have more cash than their market cap and have now become profitable. I believe it’s going to be the next big stock. They are also doing a share buy back and just got a decent price target of $8.50 which is good BCS they are just under $3 right now. I’d love to hear what you’re thinking?! I think it’s going to be a winner like PLTR and SoFI
$6.38 and 300 shares
after the 5$ we got Analyst Andrew Jeffrey from Truist Financial reiterated a Buy rating on SoFi Technologies (SOFI), with a $11 price target... please explain
Look at each analyst success rate and you will understand. LOL
Their balance sheet concentration is pretty concerning no?
In at $9.49 today.
Will the bad loan balloon up?
Why would someone move student loans to SoFi?
My average cost is 9.61. 443 shares.
I'm at about 7 bucks with 616 shares or so. I would like to add another 50 or so and just hold.
A 1000?. I have 45k shares and looking to buy more in july if it dips under 8..
Look like you all in in sofi
Well you called this one, now above 11
5.85
1800 shares at 8.40 average
Student loan moratoriums was already scheduled to pass so that’s old news.
SOFI’s accounting treatment of loans is an issue. It’s not a big until $6 or $7
What are they doing that is bad from an accounting perspective?
243 shares at $5.1
Targeting 500 shares.
Currently 300 shares at 5.77
Currently 465 at 6.31$
Currently 500 shares at $6.35
IMma get 1000 shares
I’ve got from 2k to 3.5k back down to 2.375. I swing trade this in my Roth IRA but I am hoping to settle on 5k shares and let it ride, then I can focus on building my NU position like this as well.
Total shares 4830 @ 8.28
RB - 3000 @ $10
SoFi Invest - 1500 @ $5.25
M1 - 195 @ $6.40
Vanguard - 135 @ 6.75
To the Moon 🚀
Weird Kathy Woods just bought 2m$ worth of shares. 😂
I got 2k at 5 bucks
🛒🔥
YOY Assets doubled, and Liabilities
trebled. Not great.
I'm at 5.55 with 200 shares
100 easy
1000 Sofi=$200 Soon
buying is like playing russian roulette.
It's my bank and they are awesome!
I need at least 3000 shares
I think it’s funny he uses all those fancy words. Like dude it’s just a bank and other banks do the same shit sofi does. 😂
Sofi so Good 😂
And they pay you rewards points! No one mentions that about them. It is real money! I made more from rewards than in interest.
I have 42 shares at 10.90😢 I’m buying every week
Have 4,000 shares already. 😂
I have over 1500 shares. But I don’t like the app. It’s too clunky
It is slow and clunky but I really like being able to see a chart of my net worth.
Why would there be a rush of people to refinance their loans, backed by the Department of Education, when those loans have lower interest rates than private loans backed by Sofi? This thesis makes no sense.
The rates Sofi offers can still be lower especially for graduate students depending on how they qualify. For undergraduate students, the current rate is the same as the the lowest fixed rate that Sofi offers so there may not be much incentive to refinance there.
SOFI offers lower rates and longer duration to reduce the customers monthly payment amount. Can refinance with them anytime for free as interest rates drop. The Department of educations interest rates are high.
@Chris-fe3dn federal sub/unsubsidized loans for undergraduate students in 22/23 are 4.99%. Unsubsidized loans for grad students are 6.54%. Only grad students can get lower rates for now w SOFI and only with excellent credit. The reality is most of these borrowers won't qualify for the best rates Sofi offers. The numbers will prove out in 3 months on their earnings report.. don't take my word for it.
Why not 10,000 shares?
Too risky
ever read back the title of your videos lol
Y I need them so the guys who made 3X can sell them
$4.9825
They had to actually discontinue crypto trading unfortunately.
Not in SOFI yet. Dividend payors.
Buy now to get an amazing yield in the tuture when the shares are much higher. I invested specifically for the future dividends. I have more time to work and can wait though.
I don't have a thousand shares. I bought a thousand dollars at $7.12 a share. They seem to have potential by reinventing the banking wheel.
Let's see if their upward trend continues. Then I'll probably buy more shares. But I don't think this is a short term investment. I think it's going to be a long haul at a small growth percentage. 😮
Just got it at 7.61
The pumping is becoming too obvious
Still holding long at 5$ .... At 7 I add light, 6 , heavy, it will come, sooner than later. Go long my nig
seems like a pump and dump of a company that’s about to default on student loan debt.
Sofi is just an 8.00 stock on its best day. Don’t get too wrapped up on it
Tell that to the people who recently sold at $10+.
Your definitely right, if you take out the resumption of the Student Loans & as the student loan resumption starts, this will only boost the margins & revenue, as nothing is cannibalising into sofi
Rather do options
Sofi Sux
They've issued 800 MILLION more shares since 2019... a nine fold increase.
Geez
NU Bank is a much better investment than Sofi. lol
LONG SOFI could hit 18-20$ in 2 years and then get taken out by a big bank
Being an unhappy Sofi customer forced me to sell all my shares! Poor customer service and not listening to my concerns left me no choice!