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Is SoFi Stock Starting a Giant 2023 Breakout?

The Final Word on SoFi Stock

The nasty bear market of 2022 looks like it wants to turn into an exciting new bull market in 2023. 

That means now is a fantastic time to be investing. Fortunes are most easily made in stocks when bear markets turn into bull markets. 

Did you know that the stock market’s best short-term runs of the past 20 years all happened when bear markets were turning into bull markets? Late 2002, early 2009, and early 2020. In each era, the S&P 500 soared more than 50% in less than a year. 

Did you also know that, during late 2002, early 2009, and early 2020, dozens upon dozens of stocks doubled in less than 12 months? And several rose 1,000%-plus in less than a year! 

The data is pretty clear here, so I’ll repeat myself – even if I sound like a broken record. Fortunes are most easily made in stocks when bear markets turn into bull markets.

We are currently in the midst of one of these generational transitions right now. 

Already, the S&P 500 is up about 5% in a month, putting it on track for a 50%-plus return in less than 12 months. 

Already, 109 stocks have more than doubled year-to-date, in less than a month. 

A new bull market is being born. Are you prepared to capitalize on it?

Learn how to find stocks like SOFI before they soar 50% in less than a month.

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The post Is SoFi Stock Starting a Giant 2023 Breakout? appeared first on InvestorPlace.


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