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Should Investors Buy SoFi Stock on the Dip?

By Parkev Tatevosian, CFA – Oct 30, 2024 at 5:15AM

The financial services company is relieved that macroeconomic growth is much better than feared in 2024.

SoFi Technologies (SOFI 2.17%) reported quarterly financial results that included updates on several critical metrics investors need to know about.

*Stock prices used were the afternoon prices of Oct. 27, 2024. The video was published on Oct. 29, 2024.

About the Author

Parkev Tatevosian, CFA
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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X@TMFParkev

Parkev Tatevosian, CFA 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.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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