SoFi Stock Under $20 Could Build Wealth

SoFi Technologies trades at $16.05 per share with a forward P/E of 27. The fintech company posted net revenue up 41% year over year and added 1.1 million new members in its first quarter. SoFi relaunched a $10-a-month subscription tier called SoFi Plus to drive recurring revenue. Shares have averaged 36% annual gains over three years but are down 32% year to date.