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SoFi (SOFI) stock has gained significantly in value, rising more than 270% over the past year. Its solid financial performances, accelerating growth, shift to a lower-risk, fee-based non-lending business, and steady credit performance have given a massive boost to SoFi stock.
The significant rally makes it tempting to take profits, but there are good reasons to believe that SoFi’s run is not over yet.