“SOFI is a strong buy due to its cheap PEG valuation relative to high growth, innovative AI and infrastructure acquisitions, and a powerful cross-selling flywheel.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
SoFi actually trades over 34% cheaper on a PEG basis than the sector median. A sector that again is already super cheap to begin with.
SoFi is almost becoming like the AWS of fintech through their back-end infrastructure acquisitions of Galileo and Technisys, where they basically own now much of the underlying technology and software platforms that other finance companies use to run their own apps.
Last quarter, for example, what they call their X buy rate jumped to 43%, meaning close to half of all their members are now using multiple SoFi products.
I've been adding shares myself too at these levels after the recent crash.
The structured call
The receipt
Publish-day price $$16.74 · the claim is anchored to the moment it was said.