| SoFi Technologies (Nasdaq: SOFI) is a modern, member-centric one-stop shop for financial services. The company operates through three segments: lending, financial services and a technology platform. The lending segment includes its personal loan, student loan and home loan products and the related servicing activities. The technology platform segment maintains its platform-as-a-service through Galileo, which provides the infrastructure behind its consumer-friendly user interface. The financial services segment focuses on checking and savings accounts, cash management, investments and credit cards. You've probably seen SoFi's ads on TV. Or maybe you've seen the company's name plastered across SoFi Stadium, where the Rams won the most recent Super Bowl. What you might not know (if you're not a shareholder) is that SoFi also has a chunk of its lending portfolio in student loans. Despite the toll those loans have taken on the company's portfolio due to the moratorium on payments, SoFi has managed to grow and to beat expectations. Imagine what will happen once the money from student loans starts flowing in! The company's backer, SoftBank, had been selling SoFi shares to raise cash to cover losses from other ventures. That's another overhang that has been lifted. Most telling, though, is the millions of dollars that SoFi insiders have been plowing into shares this year, despite all the "bad" news. YOUR ACTION PLAN While everyone is trying to figure out how to benefit from the student loan fiasco, this is the perfect time to put your money to work in SoFi, before the masses figure it out. In The War Room, we don't wait around. You will get real-time trades with perfect timing - every day. Stop messing around and join us now! | 
No comments:
Post a Comment