Reported about 1 year ago
The stock price of Nu Holdings, a fintech company in Latin America, has been volatile, with shares losing over 50% in 2022 but more than doubling in value in 2023. Despite the rocky performance, the company offers one of the highest-quality businesses with significant growth potential. With backing from billionaire investors like Warren Buffett and Sequoia Capital, Nu has shown strong revenue growth, profitability, and a rapidly expanding customer base, making it an attractive option for growth investors.
Source: YAHOO