Reported about 8 hours ago
Nu Holdings, a fast-growing digital bank in Latin America, has seen its customer base swell from 65 million to 123 million and boasts a significant share of Brazil's adult population. The company has impressive financial metrics, with a net profit margin of 17.4% and a reasonable valuation, trading at a forward P/E ratio of 18.7. Despite its recent stock price surge, many investors are considering whether to buy while it’s under $16, as prospects for revenue growth and international expansion remain strong.
Source: YAHOO