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SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the best long term stocks to buy under $20. SoFi Technologies, Inc. (NASDAQ:SOFI) announced on June 2 the launch of SoFi Coach, which is an AI-powered chat that delivers personalized financial insights. Starting with SoFi Plus members and built alongside SoFi’s team of financial planners, SoFi Coach helps members track, save, budget, and invest, all within the SoFi app.

Anthony Noto, CEO of SoFi, stated that they built SoFi Coach to allow increased access to people to smarter, AI-powered financial tools and the experience of our financial planning team, allowing members to “reduce debt, make their money work harder, and take the next step toward achieving their ambitions”. Members can ask questions and receive judgment-free and personalized help from SoFi Coach regarding understanding their money, powered by real-time analysis of their activity. SoFi Technologies, Inc. (NASDAQ:SOFI) further reported that to get started, members connect their accounts from over 12,000 financial institutions through Relay, which is the company’s financial management tool, to access a more complete view of their financial picture.

SoFi Technologies, Inc. (NASDAQ:SOFI) is a financial service platform that provides student loan refinancing options to the private student loan market. The company’s operations are divided into the following segments: Lending, Technology Platform, and Financial Services.

While we acknowledge the potential of SOFI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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