Nasdaq Sell-Off: This Magnificent Stock Is a Bargain Buy
The Nasdaq stock market has officially entered correction territory, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) down by about 14% from its recent high as I write this. While the recent volatility can certainly be scary, it can also create buying opportunities for patient long-term investors.One stock that looks especially interesting is banking disruptor SoFi Technologies (NASDAQ: SOFI). Despite entering 2025 with excellent momentum, the stock has lost more than a third of its value in the past six weeks, and this could be a great time for investors to take a closer look.I won't sugarcoat it: SoFi's stock chart looks scary. But if we ignore SoFi's stock price performance for a bit and simply look at how its business is performing, it paints a much different picture.Continue reading
The Nasdaq stock market has officially entered correction territory, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) down by about 14% from its recent high as I write this. While the recent volatility can certainly be scary, it can also create buying opportunities for patient long-term investors.
One stock that looks especially interesting is banking disruptor SoFi Technologies (NASDAQ: SOFI). Despite entering 2025 with excellent momentum, the stock has lost more than a third of its value in the past six weeks, and this could be a great time for investors to take a closer look.
I won't sugarcoat it: SoFi's stock chart looks scary. But if we ignore SoFi's stock price performance for a bit and simply look at how its business is performing, it paints a much different picture.
