1. We initially rated SoFi Technologies a 'Strong Buy' due to its strong offerings, member growth, and attractive valuation; 2. The stock surged over 175% at its peak but recently dropped 40% due to market-wide sell-offs; 3. Despite the drawdown, we remain bullish on SOFI based on its continued growth and long-term prospects; 4. The current valuation presents an excellent buying opportunity for long-term investors.