Warren Buffett and Cathie Wood Endorse Nu Holdings as a Smart Investment

Reported about 8 hours ago

Warren Buffett and Cathie Wood have both invested heavily in Nu Holdings, a Latin American fintech company, with combined holdings of nearly $1.5 billion. Despite its rapid growth and a customer base exceeding 100 million, many investors remain unaware of this promising stock, which currently trades at a favorable valuation of 32 times forward earnings. With projected earnings growth of 54% annually over the next five years, Nu presents an intriguing investment opportunity, although potential shareholders should be prepared for market volatility.

Source: YAHOO

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