SoFi Technologies (NASDAQ:SOFI) is well known for being among the leading student loan financing companies in the market. However, SoFi stock is evolving into more than a one-dimensional player. This company is now a one-stop financial solution provider, with a strong focus on student loan refinancing. There’s a big difference there worth pointing out.
Now, the question many investors are asking is whether SoFi could be one of those rare millionaire-maker stocks. After all, if the company is able to grow as many think is possible, perhaps this is the case. The company has brought in some impressive recent results, and given the way student loan lending is trending in the U.S., there is what appears to be a strong growth runway ahead.
Let’s dive into this stock’s potential as a big multi-bagger for long-term growth investors.
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