Why SoFi Technologies, Inc. (SOFI) Is Skyrocketing Now

Insider Monkey01-24

We recently compiled a list of the Why These 10 Large-Cap Stocks are Skyrocketing. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the other ...

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(SOFI) Is Skyrocketing Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-24 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-000009126.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the Why These 10 Large-Cap Stocks are Skyrocketing. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the other ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-000009126.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_MNQ","symbol_name":"微型NQ100指数","start_time":0,"source_url":"https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-000009126.html","article_id":"2505075220","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505075220","pubTimestamp":1737676809,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"On January 23, Mike Bailey, FBB Capital Partners director of research, appeared on CNBC where he shared his outlook on the large caps. 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We then shortlisted the stocks based on their performance in the past quarter and picked the ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TQQQ":"纳指三倍做多ETF","QID":"纳指两倍做空ETF","BK4549":"软银资本持仓","TSYW.SI":"TESLA 3xLongSG261006","NVIW.SI":"NVDA 3xLongSG261006","PSQ":"纳指反向ETF","SOFI":"SoFi Technologies Inc.",".IXIC":"NASDAQ Composite","SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","USAW.SI":"AMZN 3xLongSG261006","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","USJW.SI":"ALPHAB 3xLongSG261006","BK4166":"消费信贷"},"translate_title":"为什么SoFi Technologies，Inc.(SOFI)现在正在飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1,".IXIC":0.9,"PSQ":0.6,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently compiled a list of the Why These 10 Large-Cap Stocks are Skyrocketing. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the other large-cap stocks.\nOn January 23, Mike Bailey, FBB Capital Partners director of research, appeared on CNBC where he shared his outlook on the large caps. Bailey was happy with how the macroeconomic conditions were looking for the United States, especially with the job growth, in 2025 and beyond.\nHe particularly remained confident that large caps were better positioned to report earnings growth than the small caps, especially when looking for long-term growth and expectations of exceeding goals.\nTen companies in diverse sectors such as the financials, healthcare, technology, and energy industries, locked in overall positive market gains due to supportive market conditions, macroeconomic environment, and growth potential. That said, let’s take a look at the 10 large-cap stocks that happen to be skyrocketing.\nTo come up with the 10 names, we only considered stocks with a market capitalization of more than $10 billion. We then shortlisted the stocks based on their performance in the past quarter and picked the top 10 with the highest 30-day return from December 22, 2024, to January 22, 2025.\n A professional banker shaking hands with an entrepreneur in a boardroom setting. \nSoFi Technologies, Inc. (NASDAQ:SOFI)\n30-day Return as of January 22, 2025: 12.5%\nSoFi Technologies, Inc. (NASDAQ:SOFI) is an emerging fintech company that was founded in 2011 and has now grown to provide technology solutions to other financial institutions and individuals. SOFI returned slightly over 12.5% in the past 30 days, going from $15.63 to $17.59 on January 22, 2024.\nThe stock surged following the news of a huge personal loan deal. On January 16, SoFi Technologies, Inc. (NASDAQ:SOFI) announced a $525 million personal loan securitization agreement with PGIM Fixed Income which closed in the fourth quarter of 2024, leading to a surge in the stock's share price.\nAs of today, the company has over 10 million members and has paid a whopping $73 billion in funded loans. Revenue in the third quarter of 2024 grew by 30% which was primarily driven by the 64% increase in the financial services and tech platform segments, making up 49% of the total revenue.\nOverall SOFI ranks 10th on our list of the large-cap stocks that are skyrocketing. While we acknowledge the potential of SOFI as an investment, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SOFI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap   Disclosure: None. This article is originally published at \nInsider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2505075220"}