SoFi: Buy The Panic
- SoFi falls over 10% following the surprise early release of Q1'22 numbers.
- The fintech smashed Q1'22 targets and guided up for the year.
- The stock only trades at 2x '23 sales targets despite a path to 40% growth because the market latches onto small negatives.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »
A confluence of events has SoFi Technologies () plunging to new lows despite the company boosting 2022 financial targets on the early release of Q1'22 earnings. The fintech has faced a frustratinginvestment thesis