The Best Growth Stock to Invest $1,000 in Right Now

SoFi Technologies (NASDAQ: SOFI) continues to dazzle investors with its incredible performance and vast opportunities. The fintech stock is up about 72% so far in 2025, but it could go much, much higher. If you have $1,000 to invest today and are looking for a fantastic growth stock, consider SoFi. Here's why.SoFi is a fairly young bank that's all digital. It pours its investments into technology and marketing instead of costly real estate for branch offices, and as it scales, that's paying off with high sales and cost efficiency.The company originated as a loan co-op for college students, and lending remains its core segment. However, management envisioned the bigger picture early on and has expanded the platform to include a large suite of banking services. It made the savvy decision to get a bank charter with its acquisition of Golden Pacific Bancorp a few years ago, opening it up to a larger assortment of products. At that time, the banking charter meant that it had to shut its cryptocurrency trading operation, but new regulations let it revive that service, and SoFi is launching many new solutions that cover the gamut of traditional products as well as innovative technology-driven services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool