Think It's Too Late to Buy SoFi? Here's the Biggest Reason There's Still Time.

SoFi (NASDAQ: SOFI) has been one of the hottest stocks in the market recently, with shares up by 137% in the past six months. But there are some good reasons it isn't too late to invest in SoFi.There's a lot to like about SoFi. Just to name a few reasons you still may want to invest in SoFi:SoFi now has nearly enough deposits to fund its entire loan book. However, with interest rates still high, SoFi's average deposit cost is about 4.2%. As the Federal Reserve lowers rates, this figure should come down accordingly. With SoFi's average loan earning 9.35%, a lower deposit cost could lead to excellent margin expansion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool