Fool.com contributor Parkev Tatevosian discusses why he's upgrading his view of SoFi Technologies (SOFI 4.48%) stock.
*Stock prices used were the afternoon prices of Feb. 11, 2024. The video was published on Feb. 13, 2024.
I'm Upgrading SoFi Stock to a Buy
SoFi delivered profitability on the bottom line and gave excellent long-term forecasts, all while being more prudent with lending.
By Parkev Tatevosian, CFA – Feb 14, 2024 at 6:00AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.