Why I'm Watching SoFi as a Financials Pick I Don't Own Yet

SoFi Technologies has declined over 30% this year despite strong Q2 results showing 40% revenue growth and 35% member growth. The stock's valuation has improved from 75x to 38x earnings, making it more attractive on a forward basis at 17x 2028 earnings estimates. The analyst is interested but waiting for a target entry price of $15 per share, planning to use put options to potentially achieve this.