Latest news with #SofiTechnologies
Yahoo
2 days ago
- Business
- Yahoo
MSCI announces changes to equity indexes
NEW YORK (Reuters) -MSCI said on Thursday it will add 42 securities and delete 56 from its widely followed ACWI equity index. The three largest companies by market cap to be added to the developed markets index are Rocket Lab Corp, Sofi Technologies and Affirm Holdings, all headquartered in the United States. The three largest companies to be added to the emerging markets index are China Citic Bank, Dian Swastatika Sentosaand Laopu Gold. All changes will be made as of the close of August 26, MSCI said. Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Reuters
2 days ago
- Business
- Reuters
MSCI announces changes to equity indexes
NEW YORK, Aug 7 (Reuters) - MSCI said on Thursday it will add 42 securities and delete 56 from its widely followed ACWI equity index (.MIWD00000PUS), opens new tab. The three largest companies by market cap to be added to the developed markets index (.WORLD), opens new tab are Rocket Lab Corp (RKLB.O), opens new tab, Sofi Technologies (SOFI.O), opens new tab and Affirm Holdings (AFRM.O), opens new tab, all headquartered in the United States. The three largest companies to be added to the emerging markets index (.MSCIEF), opens new tab are China Citic Bank, Dian Swastatika Sentosa ( opens new taband Laopu Gold ( opens new tab. All changes will be made as of the close of August 26, MSCI said.
Yahoo
11-07-2025
- Business
- Yahoo
Creating a 38% 'Dividend' on SOFI Stock Using Options
Sofi Technologies (SOFI) stock has trending higher and is showing positive accumulation on the breakout. One bad thing about SOFI stock is that it doesn't pay a dividend. Delta Air Lines Shows Unusual Call Options Ahead of Earnings - Investors are Bullish on DAL Stock Covered Call Screener Results For July 9th Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! But what if we could use options to manufacture our own dividend? Does SOFI Pay a Dividend? Let's say I have $2,000 to invest into SOFI stock, I could simply buy 100 shares and hope the stock rises. But, if I want a more conservative play, I could sell a December 19, 2025 put with a strike price of $20 and set aside the $2,000 in case I am assigned on the short put. That $20-strike put generates around $290 in option premium in around five months. So, my $200 investment into SOFI is giving me a 38% annualized "dividend". Risks of the Trade: Much like owning SOFI shares, if the stock drops, I'm going to lose money in the short-term. If SOFI is below $20 in December, then I will be forced to buy 100 shares at $20. The breakeven price is equal to the strike price less the premium received, which in this case would be $17.10. So if SOFI is below $17.10, at expiration the trade loses money. But, if SOFI stays above $20 then I achieve a 38% per annum return when the put expires worthless. Cash secured puts are a bullish strategy but are considered slightly less bullish than owning Sofi stock because the potential gains are limited to the premium received. The second risk with the trade is that if SOFI stock goes on a huge rally, we miss out on any upside. The most we can make is the $290 from the option premium. Greeks and Equivalent Exposure Level The $20-strike put currently has a delta of 39, so selling this put gives an exposure roughly equivalent to owning 39 shares of SOFI stock, although this will change as the stock moves up and down. It also means the put has a roughly 61% chance of expiring worthless. One method which can help cut the risk is to turn the trade into a spread and buy a $15-strike put. This turns the trade into a bull put spread and cuts the risk from $1,710 to around $20. There are lots of interesting scenarios you can create with options. Company Details The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction. Long term indicators fully support a continuation of the trend. The market is in highly overbought territory. Beware of a trend reversal. SoFi Technologies Inc. provides consumer-focused financial technology platform. SoFi Technologies Inc., formerly known as Social Capital Hedosophia Holdings Corp. V, is based in PALO ALTO, Calif. Implied volatility is currently 70.51% compared to a twelve month low of 41.40% and a twelve month high of 115.21%. Of the 21 analysts covering SOFI, 6 have a Strong Buy rating, 2 have a Moderate Buy rating, 8 have a Hold rating, 2 has a Moderate Sell rating and 3 have a Strong Sell rating. Please remember that options are risky, and investors can lose 100% of their investment. This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. On the date of publication, Gavin McMaster did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-04-2025
- Business
- Yahoo
1 Magnificent Growth Stock Down 57% to Buy and Hold Forever
The broad market S&P 500 index is down 10% this year and off 14% from its peak, but it has climbed a bit from the low point it touched after President Donald Trump's broad tariff announcement tanked Wall Street a few weeks ago. The word out of the White House keeps changing, and the markets keep reacting. It can be disconcerting for investors to see the value of their portfolios evaporate, but unless you need the funds you have invested immediately, market turbulence can sometimes be a blessing in disguise. This sell-off has created an opportunity to buy some amazing stocks on sale. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » One such bargain is Sofi Technologies (NASDAQ: SOFI), which is down 29% year to date and 57% from its highs. It's underperforming the market, but not because of any business performance issues. Rather, shares of younger, riskier companies tend to take more of a blow when there's market turmoil and investors run to what they perceive as safer stocks. That gives you a fantastic opportunity to get a great deal on a growth stock you can buy now and hold forever. SoFi's management team has high aspirations, and CEO Anthony Noto has claimed that it's only a matter of time before it becomes a top 10 financial institution. It's a classic fintech company, and its easy-to-use app is rapidly attracting new customers. While all banks today offer digital services, SoFi was first created to serve students and young professionals, and it was built to meet their demands. The company has produced high growth across its key metrics. In the fourth quarter, it added 785,000 new members, bringing its total to 10.1 million, and it added more than 2.8 million in 2024. It also grew the total number of its products in use by more than 3.5 million for the year. Product growth is outpacing customer growth because its members are choosing to make use of more SoFi products as they engage with its platform -- its cross-selling strategy is working. That's leading to higher revenue, economies of scale, and increasing profits. Adjusted net revenue increased 24% year over year in 2024's fourth quarter, and net income increased from $48 million to $332 million. The online bank has diversified its platform to cover the whole gamut of financial services, with bank accounts, investing tools, and more. This has shielded it somewhat from the negative effects of higher interest rates, because even though default rates among its borrowers have risen and lending revenue has slowed, its overall sales continue to increase at a fast pace. Non-lending revenue increased 52% year over year in the fourth quarter and climbed to 49% of total adjusted net revenue, up from 40% the year before. Financial services products accounted for 89% of all product growth, and the shift toward these capital-light, fee-based services is keeping profits up despite the volatile economy. So how is SoFi planning to rise to the top of the banking industry? It has stayed in sync with its target market, meeting the demands of a population whose financial needs are going to grow over time. Currently, 90% of its deposits come from direct deposit members, and more than half of new deposit accounts are funded by direct deposit within 30 days of opening. Its upwardly mobile clientele should keep banking with SoFi as they increase their earnings and become more financially savvy, driving future growth. As a bank that's all online, SoFi is unencumbered by costly real estate and legacy operations, and it can innovate more easily. Management feels that much of its success has been due to its investments in innovation and brand building, and as it keeps up its efforts in developing a seamless digital experience, it's harnessing a huge opportunity. However, investors should keep in mind that there's risk in anything new. SoFi's performance thus far is a good indication that it's moving in the right direction, but potential is just that. It's also still largely a lender, so while it's making incredible progress in expanding its platform and offering a broader assortment of products, it's still very much susceptible to the impacts of interest rate movements. SoFi stock hasn't been much of a bargain recently, but knocked down a few notches, it looks priced to buy. It trades now at a forward 1-year P/E ratio of 24 and a price-to-sales ratio of under 5. Those are cheap valuations for a high-growth stock. This isn't a stock for the risk-averse investor, but if you have some appetite for risk and a long time horizon, SoFi stock looks like a fabulous buy at the current price. Before you buy stock in SoFi Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SoFi Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $561,046!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $606,106!* Now, it's worth noting Stock Advisor's total average return is 811% — a market-crushing outperformance compared to 153% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 21, 2025 Jennifer Saibil has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 1 Magnificent Growth Stock Down 57% to Buy and Hold Forever was originally published by The Motley Fool Sign in to access your portfolio
