Nu Holdings Stock Plummets
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Brilliant Fintech StockThe Motley Fool
•World
World
This Brilliant Fintech Stock Is Down 32%. Buy It Before It Sets a New All-Time High.
59% Informative
Nu Holdings, a fintech company focused on the Latin American market, is in a 32% drawdown as of this writing.
Nu Holdings revenue hit $3 billion last quarter , up 50% year over year .
With over 50% of the adult population using the service, Nu Holdings is approaching user saturation in its home market of Brazil .
With a long runway to grow revenue, users, and profits, I think the stock will be setting an all-time high.
Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 690,624 ! Stock Advisor’s total average return is 821% — a market-crushing outperformance compared to 167% for the S&P 500.
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