@WheelieInvestor Sofi is a licensed and well regulated bank, it cannot do risky business so it won’t skyrocket. Hood as a pure fintech make high risk moves, it sell high expectations but tbh, i see great regulatory risk which could strike stock price like a nightmares.
@JerkinLeeroy@AdityaInvests90 The 2008 recession was real by the bankrupt of major business. But what we are having now is not recession, it’s manipulated by the president who started tariffs and wars. It can be ended anytime with just a simple tweet giving good news.
@JerkinLeeroy@AdityaInvests90 No need to worry about financial health or the loan business you mentioned. Banking is a well developed business with lots of regulatory surveillance to mitigate risks, so does unsecured loans. The real risk are regulatory ones that could halt non-traditional business.
I used to be a compliance analyst in a legacy bank. Even the most regulated banks have thousands of issues not fixed. This is the reason I buy $Sofi over $Hood, $Sofi as a bank is more regulated and secure. $Hood is new and any issue can trigger big just like 2021.
If KBW analyst really believe $SOFI has a negative future, he should cut the price target by half, not just from $8 to $7. They must be planning something nasty, don’t fall into their tricks.
The stock world is never about Overvalue or Undervalue. A good stock is worth buying and will keep running up even with 50x PE. Stock price is always determined by the faith from the market, not its actual value. Overvalue is never a credible reason for downgrading. All in $SOFI.