SoFi: Misplaced Fears
- SoFi has rallied sharply from lows below $5, but the stock shouldn't have traded this low.
- The fintech specializes in refinancing student loans and the market has misplaced fears over student debt forgiveness.
- The stock only trades at 3x '23 revenue targets with the end to the student debt moratorium providing upside to sales targets.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »