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Stock impact report

Is This Beaten-Down Fintech Growth Stock a Better Buy Than SoFi? [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
For example, shares of Lemonade (NYSE: LMND) sit 91% below their peak. Still, there might be some investors who appreciate what the business is doing and where it might be headed. But is this beaten-down growth stock a better buy than fintech peer SoFi Technologies (NASDAQ: SOFI) ? Here's what investors need to know about these two companies before coming to an informed conclusion. Ahead of its time There's no hotter topic right now than artificial intelligence (AI). Investors are trying to find ways of gaining adequate exposure to this technology, while executives are aiming to position their businesses to benefit from it. To its credit, Lemonade has been utilizing AI since its founding in 2015 -- way before the tech was drawing all this attention -- to better serve customers in the insurance industry. By not hiring sales agents or operating physical branches, the business can sign up new policyholders and approve claims in mere minutes. This dramatically improves the user e Show less Read more
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