Fed Rate Cuts Make This Beaten-Down Cathie Wood Stock a Buy Now
SOFISoFi Technologies(SOFI) ZACKS·2024-09-25 04:06

Like Warren Buffett and Peter Lynch, Cathie Wood’s art of investing has garnered much attention lately. Wood’s Ark Innovation ETF (ARKK) has gained more than 20% over the past year as it primarily focuses on stocks engaged in disruptive innovation. One such stock is SoFi Technologies, Inc. (SOFI) , which began as a student-loan provider and has now progressed into a versatile fintech company. However, despite raising its full-year revenue outlook in the second quarter and witnessing an expansion in its depo ...