SoFi Technologies (NASDAQ: SOFI) just reported solid 2024 first-quarter results. Revenue jumped 37% year over year, and the digital-banking provider posted its second straight positive-net income. These are encouraging signs. Nonetheless, the fintech stock remains about 72% off its peak price (as of May 6). Investors looking to score huge long-term returns might have their eyes on this business.
Open Flip📌Hindustan Zinc Ltd showed significant market activity today, with its stock price hitting a new 52-week high of Rs 540.95 and closing at Rs 529. 📌Jupiter Wagons Ltd experienced a robust trading session, reaching a new peak of Rs 497.9 before settling at Rs 484.1 📌Jain Irrigation Systems Ltd saw its stock price rise to Rs 69.85, finally closing slightly lower at Rs 68.1
Open FlipOn the daily chart, the index has broken down from the rising channel, indicating a rise in bearish sentiment. The trend is likely to remain weak in the near term. Stocks to buy 📌Indus Tower: Buy at ₹333 | Target Price: ₹354 | Stop Loss: ₹322 📌EIH Hotels: Buy at ₹488 | Target Price: ₹520 | Stop Loss: ₹469 📌Bata India: Buy at ₹1310 | Target Price: ₹1450 | Stop Loss: ₹1259
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