Great businesses rarely go on sale. That's especially important to keep in mind as markets test all-time highs.
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail why he's buying the digital banking company.
In today's video, I will discuss recent updates regarding Nu Holdings (NU 1.52%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Recently, Zacks.com users have been paying close attention to Nu (NU). This makes it worthwhile to examine what the stock has in store.
Shareholders of Nu Holdings (NU -7.39%) had a hard time during the first year or so that the company was public. But it's been a fantastic story after the lows.
Nu Holdings (NU 2.30%) has been an incredible stock over the past few years, and it's no surprise that several billionaire fund managers own it. What might be surprising is the breadth of investors who have bought it.
If you're tired of sifting through slow-growing stateside fintech stocks, you may want to try Nu Holdings (NU -0.47%) on for size. The paren't company behind Brazil's Nubank has been turning heads since launching a decade ago and going public three years ago.
Nobody knows exactly what the stock market will do in 2025. But you may be able to stack the odds in your favor by adding the two fintech companies below to your portfolio.
Nu Holdings has shown impressive growth, with a 23% YoY increase in customers and a 56% YoY revenue rise, despite a recent 15.7% pullback. NU's dominance in Brazil and rapid expansion in Mexico and Colombia highlight significant growth potential in Latin America. The main risk is the economic instability in LatAm, but NU's strong fundamentals and efficiency ratio suggest resilience.
With NU shares experiencing a pullback lately, we evaluate if this is a buying opportunity.
Nu (NU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The company reported solid Q3 2024 earnings on November 13, but investor sentiment remains cautious due to interest rates rising in Brazil. Long-term investment in Nu Holdings remains compelling, driven by its robust business model and growth potential in the Latin American online banking sector. Nu Holdings' credit expansion strategy and solid financial performance underpin my continued buy rating despite short-term market volatility.