SoFi's Blowout Results: 2 Reasons It's a Top Stock to Buy Now

By Jason Hall and Jeff Santoro – Aug 6, 2023 at 5:23AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$7B

Today's Change

(-0.43%) -$0.03

Current Price

$6.96

Price as of May 3, 2024, 4:00 p.m. ET

SoFi has a huge catalyst coming later this year, and a secret advantage few other banks have.

SoFi Technologies (SOFI -0.43%) reported another blowout quarter, continuing its rocket-like growth. In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down the results and highlight two things that should keep it growing from here.

*Stock prices used were from the afternoon of Aug. 2, 2023. The video was published on Aug. 6, 2023.

Jason Hall has positions in SoFi Technologies. Jeff Santoro has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.