The Best Hypergrowth Stock to Invest $1,000 in Right Now
Nu Holdings looks grossly undervalued relative to its growth potential.
Many hypergrowth stocks stumbled this year as the Trump administration's unpredictable tariffs sparked fresh fears of a recession and drove people back toward more conservative investments. However, investors who can look past those near-term headwinds should be taking the contrarian view and shopping around for some long-term winners.
One of those potential winners is Nu Holdings (NYSE: NU), more commonly known as Nubank. It's the largest digital bank in Latin America and one of the fastest-growing fintech companies in the world, but its stock has declined more than 20% over the past six months.
Nubank's shares might remain volatile this year as tariffs, trade conflicts, and interest rate swings rattle the markets, but starting a $1,000 position in this hypergrowth stock today could be a smart move for five simple reasons.
