Investors who allocate capital to the financial services space will likely be familiar with industry heavyweights such as JPMorgan Chase , Bank of America , Visa , Mastercard , and Charles Schwab . I'm sure younger and digitally native companies such as Robinhood Markets and SoFi Technologies come to mind as well.
The chances are that anyone who bought Amazon in its early years, even a few shares, is probably rich today. Life-changing stocks are rare, but they do come along now and then.
Given the recent decline in NU shares, we evaluate the stock's current position to determine whether this presents a good investment opportunity.
Investors often dream of finding a fast-growing stock early and earning massive gains over time. While such a feat is possible, finding a stock that can grow fivefold in five years is no easy task.
The market continues to be volatile amid plans by the Trump administration to impose huge new tariffs on imports. The broad-market S&P 500 is down almost 8% so far this year, and the tech-heavy Nasdaq Composite is down by more than 14%.
Nubank offers a combination of growth and value, making it a strong buy, especially at its current discounted price. Despite recent setbacks, including increased non-performing loans and currency volatility, Nubank is well-positioned for fintech growth in Latin America. Both Cathie Wood and Warren Buffett see potential in Nubank, with its impressive revenue and EPS growth forecasts and attractive valuation metrics.
Nu added 20.4 million clients in FY24, reaching 114 million total users across Brazil, Mexico, and Colombia. Total deposits surged 55% YoY to $28.9B, with standout growth in Mexico (+438% YoY) and Colombia ($1.3B in two quarters). The cost-to-serve per active client was just $0.80 in Q4-24, enabling efficient, profitable customer acquisition at scale.
Nu Holdings Ltd. (NU) reachead $10.59 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.
Nu (NU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Despite being a seller in recent times, Berkshire Hathaway owns numerous stocks in its huge $290 billion public equities portfolio. While Apple , American Express , and Coca-Cola get a lot of the attention, there are lesser-known businesses that investors shouldn't ignore.
Nu Holdings is a rapidly growing, profitable fintech with a strong presence in Brazil, Mexico, and Colombia, offering a unique buying opportunity due to its undervaluation. The platform's customer base grew 22% Y/Y to 114M in Q4'24, with potential to reach 340M customers by the end of the decade. I like the Company's focus on the dynamic Latin American market, strong customer growth, and improving monetization.
The latest trading day saw Nu Holdings Ltd. (NU) settling at $11.09, representing a +1.56% change from its previous close.