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SoFi isn't just a banking company, it's a technology company too.
Shares of SoFi (SOFI -3.74%) have been on fire in 2024 in large part because the company's lending business is performing better than expected and its financial services arm is growing at around 100% per year. In this video, Travis Hoium shows why SoFi stock will continue to beat the market.
*Stock prices used were end-of-day prices of Dec. 16, 2024. The video was published on Dec. 17, 2024.
Travis Hoium has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium 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.
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