Markets have been volatile, and growth-oriented fintech and travel tech stocks have fallen sharply below their highs. Two stocks trading under $20 are presented as compelling due to operating momentum, analyst targets, and management guidance. SoFi is described as a digital platform spanning lending, banking, investing, and credit cards, supported by SoFi Bank and the Galileo technology platform. Shares are down significantly year to date, yet recent results show accelerating fundamentals, including revenue above consensus, rising GAAP net income, record loan originations, deposit growth, and member increases. Management raised full-year adjusted net revenue guidance, and the company is described as consistently GAAP profitable with deposits funding most liabilities. Risks include declines in the technology platform segment and higher personal loan charge-offs.
"The risk worth respecting: the Technology Platform segment slid 27% after a large client departure, and personal loan charge-offs ticked up to 3.03%. Those are real, but they have not"
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