Time to Abandon Ship or Buy the Dip?

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SoFis (NASDAQ: SOFI) Shares fell after earnings beat estimates and expectations by almost every metric. The market seems concerned about slowing lending growth, but in this video, Travis Hoium shows why SoFi is growing in the right places.

*The stock prices used were end-of-day prices as of April 29, 2024. The video was published on April 30, 2024.

Should You Invest $1,000 in SoFi Technologies Now?

Consider the following before purchasing shares in SoFi Technologies:

The Motley Fool stock advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now… and SoFi Technologies wasn't one of them. The ten stocks that survived the cut could deliver monster returns in the coming years.

Think about when Nvidia made this list on April 15, 2005… if you had $1,000 invested at the time of our recommendation, you would have $537,692!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including portfolio building guidance, regular analyst updates and two new stock picks per month. The Stock Advisor is on duty more than quadrupled the return of the S&P 500 since 2002*.

View the 10 stocks »

*Stock Advisor returns April 30, 2024

Travis Hoium has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has one disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe via their link they will make some extra money that supports their channel. Their opinions remain their own and are not influenced by The Motley Fool.

SoFi Stocks: Time to Abandon Ship or Buy the Dip? was originally published by The Motley Fool

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