{"id":688400,"date":"2026-06-06T18:43:10","date_gmt":"2026-06-06T18:43:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/688400\/"},"modified":"2026-06-06T18:43:10","modified_gmt":"2026-06-06T18:43:10","slug":"want-to-retire-a-millionaire-this-under-20-stock-deserves-a-look","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/688400\/","title":{"rendered":"Want to Retire a Millionaire? This Under-$20 Stock Deserves a Look."},"content":{"rendered":"

If you’re seeking stocks that seem like bargains because they have seemingly low prices, such as shares trading for less than $20 apiece, understand that a $20-per-share stock can be wildly overvalued and likely to fall, while a $215-per-share stock — such as Nvidia, as of June 3 — can be undervalued and likely to rise.<\/p>\n

Consider SoFi Technologies (SOFI<\/a> 6.39%) for your portfolio. It was trading for $16.68 per share as of June 3, and it also seems attractively valued.<\/p>\n

\"SoFi<\/p>\n

Image source: The Motley Fool.<\/p>\n

SoFi Technologies is a financial services company, and one that aims to be a one-stop digital shop for all things financial for its customers. The company brags: “13.7 million members trust SoFi to borrow, save, spend, invest, and protect their money and buy, sell, and hold their crypto<\/a> — all in one app — and get access to financial planners, exclusive experiences, and a thriving community. Fintechs, financial institutions, and brands use SoFi’s technology platform Galileo<\/a> to build and manage innovative financial solutions across 128 million global accounts.”<\/p>\n

\"SoFi<\/p>\n

Today’s Change<\/p>\n

(-6.39%) $-1.09<\/p>\n

Current Price<\/p>\n

$16.05<\/p>\n

Key Data Points<\/p>\n

Market Cap<\/p>\n

$21B<\/p>\n

Day’s Range<\/p>\n

$15.68 – $16.98<\/p>\n

52wk Range<\/p>\n

$13.96 – $32.73<\/p>\n

Volume<\/p>\n

2M<\/p>\n

Avg Vol<\/p>\n

67.2M<\/p>\n

Gross Margin<\/p>\n

61.74%<\/p>\n

In its first quarter, SoFi Technologies posted net revenue up 41% year over year and 1.1 million new members. It relaunched its SoFi Plus suite of offerings with a $10-a-month subscription model, which should drive valuable recurring revenue.<\/p>\n

SoFi Technologies’ shares have averaged annual gains of 36% over the past three years and have gained nearly 30% over the past year. They’re down 32% year to date, partly because of a short-seller report<\/a>), putting them back in attractive territory<\/a>, with a recent forward-looking price-to-earnings (P\/E) ratio of 27.<\/p>\n

SoFi Technologies, like lots of great stocks<\/a>, can make you a millionaire if you have enough time and invest meaningful sums in it. Imagine, for example, that you invest $1,000 per month in it and it averages 12% annual returns over 20 years. That would get you to just about $1 million. (Of course, for best results, you should spread your money across lots of promising stocks, so as not to have too many eggs in one basket.)<\/p>\n","protected":false},"excerpt":{"rendered":"If you’re seeking stocks that seem like bargains because they have seemingly low prices, such as shares trading…\n","protected":false},"author":2,"featured_media":688401,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-688400","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/688400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=688400"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/688400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/688401"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=688400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=688400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=688400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}