3 Reasons to Buy SoFi Technologies Stock Now, and 2 Reasons to Wait

Shares of all-digital bank SoFi Technologies (NASDAQ: SOFI) have delivered some big gains lately. From April 4 through the morning of Aug. 11, the stock shot 139% higher.A rapidly growing user base is the main reason SoFi stock keeps producing big gains, but it isn't the only one. There are several good reasons to be enamored with SoFi stock right now.Finding excuses to be excited about SoFi's future is easy, but there are also a couple of good reasons to be cautious about buying the stock. Let's look at three reasons to be enthusiastic about the up-and-coming bank before looking at a couple of reasons to remain cautious.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool