Is Nu Holdings Stock a Buy Now?
Most U.S. investors don't know about Nu Holdings (NYSE: NU). Yet this fintech company is backed by some of the best investors in the world, like Sequoia Capital. Even after the 18% rise in value this year, it's easy to see how much more upside potential is possible in the years to come.If you're looking for an undervalued growth stock to buy and hold for years, or even decades, you will want to get familiar with Nu and its impressive business model.Since launching in 2013, Nu has gone from a small fintech start-up into a large and mature financial services company. During the past decade alone, the company has gone from a few million customers to more than 100 million. Why haven't most people heard of Nu? It operates in just three countries: Colombia, Mexico, and Brazil, where it's based. But within these countries, Nu is wildly popular, especially in Brazil, which is its most mature market. More than half of all adults there are Nu customers. Continue reading
Most U.S. investors don't know about Nu Holdings (NYSE: NU). Yet this fintech company is backed by some of the best investors in the world, like Sequoia Capital. Even after the 18% rise in value this year, it's easy to see how much more upside potential is possible in the years to come.
If you're looking for an undervalued growth stock to buy and hold for years, or even decades, you will want to get familiar with Nu and its impressive business model.
Since launching in 2013, Nu has gone from a small fintech start-up into a large and mature financial services company. During the past decade alone, the company has gone from a few million customers to more than 100 million. Why haven't most people heard of Nu? It operates in just three countries: Colombia, Mexico, and Brazil, where it's based. But within these countries, Nu is wildly popular, especially in Brazil, which is its most mature market. More than half of all adults there are Nu customers.
