4 Reasons to Buy Nu Holdings Stock Like There's No Tomorrow

23.12.24 13:35 Uhr

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10,75 EUR -0,00 EUR -0,04%

Although Nu Holdings' (NYSE: NU) third-quarter financial results showed strength in key metrics, the market still wasn't pleased with the results. That's obvious when you see that the share price of this digital banking business is currently 35% below its all-time peak from Nov. 11, just two days before the latest earnings update.However, this dip presents an attractive opportunity. Here are four reasons investors should buy this fintech stock like there's no tomorrow.Nu Holdings had its initial public offering (IPO) in December 2021, just after the stock market's bull run had ended and just before the Federal Reserve embarked on an aggressive rate-hiking cycle. You could say management missed the mark on timing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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