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Stock impact report

Is Nu Holdings Stock a Buy? [Yahoo! Finance]

Nu Holdings Ltd. (NU) 
Company Research Source: Yahoo! Finance
The conglomerate's massive $370 billion portfolio is closely watched as a source of new stock ideas. One enterprise on the list that investors might not be too familiar with is Nu Holdings (NYSE: NU) . The fintech stock has been on an incredible run, soaring 72% in the past 12 months. Is it time to buy Nu shares for your portfolio? A top digital bank What's remarkable is that Nu was founded just over a decade ago in 2013, and it has risen to become a business worth $56 billion today. The company provides various financial services -- like checking and savings accounts, credit cards, and loans -- in Brazil, Mexico, and Colombia. By seeing an opportunity to disrupt the financial services sector in Latin America, mainly by leaning heavily on its technology to provide a better user experience, Nu is making a huge impact and gaining broad adoption. Management claims this is the largest digital bank outside of Asia. Buffett likes businesses with an economic moat . In this instan Show less Read more
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