Welcome, everyone! We have another exciting episode of Hypergrowth Investing lined up for you today, where we will discuss all things investing—like artificial intelligence (AI), electric vehicles (EVs), and more. Due to a scheduling conflict, we were forced to schedule the release of our podcast episode for Thursday morning at 7:30. Please tune in!
IIf you’ve been keeping up with SoFi news—on our website or here in the blog—then it’s no secret that we’re huge fans of this company. We called it a “buy of a lifetime” when the stock was around $5 last year, SoFi’s stock climbed more than 50% during the month of January, even before February began. And on Monday—after it released strong fourth-quarter earnings and an upbeat outlook for 2019—the share price shot up again.
Although SoFi’s stock price is higher this month than it has ever been, we believe that now—before the floodgates open and competition increases—is the best time to invest in this company.But as we can see from Apple’s most recent earnings report, that is simply not true.
NAlthough SoFi has performed well under tough economic conditions, investors are excited about what the company could do if those conditions improve.The success of this company—which is an important part of the competitive fintech industry—proves that sound management can lead to prosperity.
SoFi is a company that has shown tremendous growth. And we believe the stock will continue to soar as long as SoFi continues growing at such an impressive rate.
.
How to Play AI Stocks
This week, we’re revisiting an investment theme that has the world’s attention—AI. But it doesn’t seem like these companies lend themselves to transparent investment opportunities. So how do we play this one?
ChatGPT was one of the first products that brought artificial intelligence to consumers. And investors took notice—its $1 billion valuation and recent acquisition by Amazon serves as a testament to its success on both fronts.
For example, take C3.ai (AI), an enterprise AI software company that provides solutions for a lot of legacy firms—allowing companies to build out software similar to LEGO. C3.ai pre-codes several applications, which customers can customize to suit their needs—but the anti-growth environment of 2022 favored companies that did not grow rapidly, and C3’s highly profitable business model was crushed.
This is why we’re seeing so many AI stocks that have been beaten down by macro factors rocketing now—they have fantastic technologies. Invest in companies that harness AI to create innovative software and hardware, driving real-world economic value.
.
Post Disclaimer
Please note that the opinions shared here are for informational purposes and not meant to be considered investment advice. Each writer expresses their own views, which may not necessarily reflect those of the platform. All investments and trading carry risks, so it is important to conduct thorough research before making any decisions. It is important to only invest money that you can afford to lose, as this author & Financial Futruism is not responsible for any financial losses resulting from investments or cryptocurrency trading.
