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Truist analysts predict that SoFi, Affirm, and Toast may be added to the S&P 500 index in the near future. The firm notes that these companies meet the criteria for inclusion, with Toast being marginally below the market cap threshold. S&P 500 additions can provide a significant boost to stocks due to mechanical buying by index funds and benchmark-tracking strategies. Truist maintains a Hold rating on SoFi and Buy ratings on Affirm and Toast.

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