Time to Buy the Dip on Nu Stock?
The market's having a wild ride so far in 2025, and the S&P 500 briefly entered correction territory last week before swinging back up. For new investors, it could be a scary time. But seasoned investors know that not only is this par for the course, there's a silver lining: You can find excellent stocks at terrific prices.Nu Holdings (NYSE: NU) has underperformed the market during the past year, up less than 1% while the S&P 500 is up 10%. However, it's starting to bounce back. Is now the time to buy?Nu provides digital banking and financial services in Brazil, Mexico, and Colombia. It has carved out a niche by opening in a region with significant entry barriers for banking customers, and members are drawn to Nu's ease of use. It reports consistent solid quarterly growth, and the regions where it operates still have little digital financial access, giving it a healthy runway.Continue reading
The market's having a wild ride so far in 2025, and the S&P 500 briefly entered correction territory last week before swinging back up. For new investors, it could be a scary time. But seasoned investors know that not only is this par for the course, there's a silver lining: You can find excellent stocks at terrific prices.
Nu Holdings (NYSE: NU) has underperformed the market during the past year, up less than 1% while the S&P 500 is up 10%. However, it's starting to bounce back. Is now the time to buy?
Nu provides digital banking and financial services in Brazil, Mexico, and Colombia. It has carved out a niche by opening in a region with significant entry barriers for banking customers, and members are drawn to Nu's ease of use. It reports consistent solid quarterly growth, and the regions where it operates still have little digital financial access, giving it a healthy runway.
