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Stock impact report

2 Reasons to Buy Nu Holdings Stock Like There's No Tomorrow [Yahoo! Finance]

Nu Holdings Ltd. (NU) 
Company Research Source: Yahoo! Finance
Then in 2023 the stock more than doubled in value. This is a volatile holding, but underneath is one of the highest-quality businesses on the market today. And the company happens to be backed by several billionaire investors, including an investing legend. Despite a rocky performance in recent years, Nu looks like one of the highest-upside stocks you could add to your portfolio this year. You're going to love these statistics When it comes down to the numbers, Nu's history really pops. The company got its start in 2013 with the specific mission of disrupting Latin America's banking industry. For decades, this industry was controlled by a handful of players largely operating physical branches. Innovation was limited, as market incumbents weren't keen on shaking up a highly profitable situation. In contrast to the competition, Nu offered its banking services directly via a smartphone app. Suddenly, millions of people had instant access to low-cost banking services with innova Show less Read more
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