SOFI

SoFi Company quietly witnessed a very important day . The company is moving forward with settling payments using its own stablecoin. This is something I've been expecting to happen for a long time.

It represents the future of the financial sector.

The fundamental ways we pay for things, whether you pay in-store with a credit card or in the future with artificial intelligence, are changing and will move to blockchain technology.

SoFi is actually one of the companies pushing this trend forward because it has its own stablecoin.

And that's why in this video I'll be discussing SoFi and some other stocks, cheap stocks are great.

Okay, I want to talk about SoFi. This is a pretty cheap stock. First, let's talk about Sophie. You know, they're a lot like banks, and a lot like fintech apps, a combination of many benefits.

Okay, the first stock of the day, for those who know me, I am a fan of financial technology companies, and I prefer this particular stock, which is SoFi Technologies.

I know, I know, looking at the stock's performance since the beginning of the year, we find that it has fallen by 38%. So, the stock has been performing very poorly since the beginning of the year, while the market is up, and everything is up, but you look at this stock and find it down 38 %, and you might think: "Hmm, maybe there is a problem with the company."

SoFi up 2,000.

SoFi SoFi I mean my gosh SoFi is the most wellpositioned company out there in fintech in my opinion in banking to really become the next financial giant over the next decade. Anthony Notto just needs to never put the company under during a recession get overleveraged or something like that.

If he keeps a company fairly leveraged right never overleveraged so they can always get through recessions. I mean the the company's on the way to becoming a financial giant. How?

Because they keep attracting more and more members, especially the younger generation. When you attract those younger members, you got to understand their net worth grows immensely over the next 10, 20 years.

And so's assets under management, assets in the business model grow immensely, then you can sell more products to those individuals. You get network effects. I mean, oh my gosh, it's insane, right?

And so just got to keep executing. Don't get overleveraged and the world is yours, SoFi. I mean, that's a stock that could be hundred plus dollars long term.

Good? So, let's We move on to the "Sofi" stock. Let's take a look at What happens to "Sophie", Good? The arrow appears low. He trades in Located within a narrow scope Extremely.

It was Amazing for the strategy of "The wheel." I won't discuss that. A lot, but Another strategy I use it all the time. But look at this. contemplation this. You can see here How did Sofia's stock move?

Below the moving average And below the Bollinger Band. This is wonderful. this It makes me feel hungry. I feel hungry to eat Steak with a little Delicious salt on top . I mean, this seems Very good. very good.

This is exactly the setup That's what I want. So, this It is the login setup that It looks very good For me. under Moving average and below Bollinger Band, okay? We move on to the "Sofi" stock.

How many more videos do I need to make to prove to you that SoFi and Robinhood are incredible opportunities, yet you keep making one mistake after another? and right now I think SoFi and Robinhood are a great opportunity for investors.

Okay, the thing I want to emphasize about Robinhood and why I think it will reach $150 before it goes to SoFi stock is that they are taking over customers' wallet share or spending power.

Yeah, and so I'll start off today with one of my favorite companies out there, which is SoFi. Now, I know whenever we talk about SoFi Technologies, people automatically think, "Oh, what's so interesting about a bank?"

Well, let me just say, you know what? Let's say it is only a bank. It is only a bank that's worth $23 billion, a trailing PE of 37.6 times, which for banks is quite expensive. A forward PE of 24.5 times, which here as well, it is cheaper, but for just a bank, it is maybe too expensive.