I Update My SoFi Stock Buy Recommendation | SOFI Stock Analysis

SoFi is managing the business prudently in 2024, preparing for a macroeconomic slowdown in the U.S.
Fool.com contributor and finance professor Parkev Tatevosian reviews SoFi Technologies and answers if the stock is a buy at current valuations.
A portion of this video is sponsored by The Motley Fool.
Visit fool.com/parkev to get access to my special offer.
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DISCLAIMER:
All content on this channel is for entertainment and should not be taken as professional financial advice.
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[@thierrydeniau816]

Great video again. I hold SOFI, at below 7,$ I have a LT target of, 7,70 by next year

[@aresera22]

Thanks Parkev, really happy to see this one 😊

[@parkevtatevosiancfa9544]

Glad you liked it!

[@anwaralexander3035]

Thanks for the update, I've bought some Sofi and treasure your analysis once I have the chance to see your uploads.

[@WarHero373]

I actually do most of my investing/savings through SoFi. Good video!

[@DL-jq5nl]

One of my holdings and hoping for its future. Thank you Parkev!

[@parkevtatevosiancfa9544]

Best of luck!

[@westall1966]

Thanks for your analysis. Can you do one for Docebo and or Stone?

[@jlm0202]

Thank you for the update.

[@parkevtatevosiancfa9544]

Our pleasure!

[@sterlingcampbell2116]

SoFi is the stock that taught me to not waste time on individual stocks and just buy indexes. The opportunity cost has been painful and i doubt SoFi will do anything but continue to fail to match the market for thr foreseeable future

[@specsbundy1392]

On your next update can you speak to the $300 they use to entice new customers. I would have thought this is a negative in that will it offer this indefinitely?
Don't think the enticement is sustainable as it will effect the bottom line, would appreciate your take on this. Loving the channel.

[@patrickliao8576]

Thank you!

[@parkevtatevosiancfa9544]

You bet!

[@omaraldhanhani8949]

Thoughts on gamestop and amc? Hold longer? Sell or? Maybe new vid? Thnxs

[@BetweenDogandWolf]

Hardest worker in finance RUclips space. Thanks for your videos. I’m interested in your thoughts regarding silicon carbide stocks: Axcelis and Wolfspeed

[@parkevtatevosiancfa9544]

I will check it out. I believe I have one video on Axcelis stock, but the name is not in the title.

[@snehasne-ru7xl]

Hey great video…How do we get access to that excel spreadsheet so we can see your recommendations?

[@parkevtatevosiancfa9544]

Coming soon!

[@fertinoc]

Great video as usual! Could you do one for Nu Holdings (NU)?

[@parkevtatevosiancfa9544]

Great suggestion!

[@mazzfx7764]

Thank you Parkev, could you do Pfizer? Is it rising back?

[@dvb1701]

Thanks for the update. I currently have a psychological bias against adding to this position above $7 per share, and it sounds like the valuation backs me up, to some extent 🙂
As an aide, I think you first upgraded SoFi to a buy either late last year or early this year.

[@parkevtatevosiancfa9544]

Thanks for sharing! You are right about valuation.

[@neilvita3230]

Where can I find the full list of recommendations?

[@silvermania9254]

Good question

[@dmytrothehrustikdolgopolov3586]

can you do autodesk please

[@abinasroy]

What's tgt

[@theeJordanTaylor]

I'm fairly sure you uploaded SoFi to a buy immediately after they reported their first profitable quarter.

[@sterlingcampbell2116]

SoFi bulls are always convinced that SoFi is about to moon. First the bank charter, then Galileo purchase, student loans returning, then options, then profitability....now it's "multiple consecutive quarters" of profitability. It'll something else when SoFi is still $7-$9 18 months from now.