Is Nu Holdings Stock a Buy? [Yahoo! Finance]
Nu Holdings Ltd. (NU)
Company Research
Source: Yahoo! Finance
The Brazilian fintech has taken investors on a volatile ride since its 2021 initial public offering (IPO) as it grapples with growth in the emerging-market economy. In the last year, Nu stock has surged 53% higher. As Nu aims to replicate its success across other regions of Latin America, is now the time to buy? Solving Brazil's banking problem For years, Brazilians grappled with a broken banking system that saw five banks control 80% of Brazil's financial-system assets. Operating as an oligopoly, these banks charged customers outrageous fees, which former Brazilian finance minister Paulo Guedes called a "cartel" that demanded "absurd" interest rates on loans. Just four years ago, credit card rates in Brazil were as high as 160% annually, while personal loans commanded interest rates of 100%. The wide gap between loans to customers and Brazil's benchmark interest rate made the country's banking system one of the most profitable in the world, according to S&P Global . However, i
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News
- Nu Holdings Ltd. (NU) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Nu Holdings Ltd. (NU) Stock Moves -0.14%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- The Ultimate Growth Stock to Buy With $100 Right Now [Yahoo! Finance]Yahoo! Finance
- Nu Holdings Ltd. (NU) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Nu Holdings Stock Surges 79% YTD: Should You Buy Now or Wait? [Yahoo! Finance]Yahoo! Finance
NU
Earnings
- 8/13/24 - In-Line
NU
Sec Filings
- 9/17/24 - Form 144
- 9/13/24 - Form 144
- 9/4/24 - Form 144
- NU's page on the SEC website