Prediction: This Stock Could Beat the Market in the Next Decade
If you had bought shares of SoFi Technologies (NASDAQ: SOFI) a year ago, you'd be sitting pretty right now. The stock has more than doubled over the trailing-12-month period and has maintained its momentum, even amid this year's market volatility. It's always hard to predict how things will evolve in the short run. SoFi may or may not maintain its current run in the next few months. However, the company looks set to deliver above-average returns in the next decade. Here is why.Despite SoFi's strong performance over the past year, it hasn't followed a straight, northbound path. True, the company performed well in 2024. Revenue and member growth were strong; the company continued to expand its suite of financial products (including personal loans, credit cards, etc.), and, importantly, SoFi finally turned profitable last year. That's worth quite a bit in today's market. However, SoFi faced significant volatility in the early months of 2025, though that was hardly entirely due to its own shortcomings (in fairness, the company's guidance for the full fiscal year wasn't impressive). Investors are worried about the potential impact of economic hardships on its results.Image source: Getty Images.Continue reading
If you had bought shares of SoFi Technologies (NASDAQ: SOFI) a year ago, you'd be sitting pretty right now. The stock has more than doubled over the trailing-12-month period and has maintained its momentum, even amid this year's market volatility. It's always hard to predict how things will evolve in the short run. SoFi may or may not maintain its current run in the next few months. However, the company looks set to deliver above-average returns in the next decade. Here is why.
Despite SoFi's strong performance over the past year, it hasn't followed a straight, northbound path. True, the company performed well in 2024. Revenue and member growth were strong; the company continued to expand its suite of financial products (including personal loans, credit cards, etc.), and, importantly, SoFi finally turned profitable last year. That's worth quite a bit in today's market. However, SoFi faced significant volatility in the early months of 2025, though that was hardly entirely due to its own shortcomings (in fairness, the company's guidance for the full fiscal year wasn't impressive). Investors are worried about the potential impact of economic hardships on its results.
Image source: Getty Images.
