I'm Buying 5 Stocks in January 2024 -- Here's Exactly What They Are

By Matt Frankel – Jan 4, 2024 at 6:21AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$8B

Today's Change

(3.69%) $0.28

Current Price

$7.87

Price as of April 26, 2024, 4:00 p.m. ET

I have some capital to deploy as we head into the new year; here's where I'm going to put it.

Thanks to selling one of my bank stocks in December, I'm starting 2024 with some cash to invest. I've decided to allocate it to five stocks, one of which is a brand-new position for me. In this short video I reveal all five of them, and why I like each one right now.

*Stock prices used were the afternoon prices of Jan. 3, 2024. The video was published on Jan. 4, 2024.

Matthew Frankel, CFP® has positions in Block, Boston Omaha, EPR Properties, SoFi Technologies, and Vanguard Specialized Funds - Vanguard Real Estate ETF. The Motley Fool has positions in and recommends Block, Boston Omaha, Goldman Sachs Group, and Vanguard Specialized Funds - Vanguard Real Estate ETF. The Motley Fool recommends EPR Properties. The Motley Fool has a disclosure policy.

Matthew Frankel 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.