SoFi's Next Leg Higher Is Coming (NASDAQ:SOFI)
1. SOFI has underperformed since the last 'strong buy' recommendation. 2. Recent pullbacks present accumulation opportunities for investors.
FAQ
Why Bullish?
While underperformance is noted, the emphasis on accumulation suggests future upward momentum, similar to past turnaround stocks like Square (SQ) post-pullback.
How important is it?
The article suggests favorable conditions for buying, which could attract investor interest, resulting in potential price increases.
Why Short Term?
Price recovery may be observed in the near term due to favorable accumulation sentiment.