“2 Hated Growth Stocks Down Right Now — Should You Buy?”
SoFi is undervalued relative to its 2028 targets due to strong growth and profitability improvements.
Yeah, and so I'll start off today with one of my favorite companies out there, which is SoFi. Now, I know whenever we talk about SoFi Technologies, people automatically think, "Oh, what's so interesting about a bank?"
Well, let me just say, you know what? Let's say it is only a bank. It is only a bank that's worth $23 billion, a trailing PE of 37.6 times, which for banks is quite expensive. A forward PE of 24.5 times, which here as well, it is cheaper, but for just a bank, it is maybe too expensive.