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Stock impact report

Nu Holdings' Growth Potential Outweighs Brazilian Economic Woes [Seeking Alpha]

Nu Holdings Ltd. (NU) 
Company Research Source: Seeking Alpha
21min Summary The company reported solid Q3 2024 earnings on November 13, but investor sentiment remains cautious due to interest rates rising in Brazil. Long-term investment in Nu Holdings remains compelling, driven by its robust business model and growth potential in the Latin American online banking sector. Nu Holdings' credit expansion strategy and solid financial performance underpin my continued buy rating despite short-term market volatility. FG Trade I have recommended Nu Holdings NYSE: NU ) five times over the last three years. My best-performing recommendation is from October 8, 2023, and it is up 89% compared to the S&P 500's SPX ) 37% rise. My This article was written by Star Investments 5.4K Follower s Follow I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineeri Show less Read more
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