SoFi (NASDAQ: SOFI) is set to report second-quarter earnings on July 29, with its stock tripling in the past year. The fintech company added over 800,000 new members in the first quarter, indicating strong growth potential. SoFi’s private student loan origination volume grew by 58% year-over-year, and its loan platform business is rapidly expanding, hinting at high-margin growth. The company aims to become a top 10 financial institution, with plans for significant asset growth. Despite high valuations, SoFi’s momentum and product launches suggest long-term success. Consider all factors before investing in SoFi Technologies.

Read more at Nasdaq: Here’s Why SoFi Stock Is a Buy Before July 29