The Ultimate Growth Stock to Buy With $500 Right Now [Yahoo! Finance]
Nu Holdings Ltd. (NU)
Company Research
Source: Yahoo! Finance
sure to buy a basket of different ones -- you won't know which will climb and which will crash. Diversify further by owning safe and secure stocks to balance them out. However, your best bet is buying growth stocks that don't come with a lot of risk. Think they don't exist? Check out Nu Holdings (NYSE: NU) Changing finance in an underpenetrated region Nu is a digital bank based in Brazil and also serving Mexico and Colombia. It's been in business in Brazil for about 10 years, and although it's firmly established there, it's still growing at a rapid pace. Overall, revenue increased 64% to $2.7 billion in the 2024 first quarter. It added 5.5 million customers in the quarter for a total of 99.3 million, with monthly add-ons in Brazil of 1.3 million customers. It has more than half of the adult population there as customers and is now the fourth-largest financial institution in Latin America by customer count. Net income increased from $141.8 million last year to $378.8 million
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News
- Nu Holdings: Buy, Sell, or Hold? [Yahoo! Finance]Yahoo! Finance
- Why Nu Holdings Ltd. (NU) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Nubank Acquires Hyperplane to Accelerate AI-First StrategyBusiness Wire
- Nu Holdings Ltd. (NYSE: NU) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $15.00 price target on the stock.MarketBeat
- Nu Holdings Ltd. (NYSE: NU) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $15.00 price target on the stock.MarketBeat
NU
Sec Filings
- 6/26/24 - Form 144/A
- 6/24/24 - Form 144
- 6/24/24 - Form 144
- NU's page on the SEC website