My Favorite Hypergrowth Stock to Buy With $1,000 Right Now

Companies capable of hypergrowth often see their stock prices bid up to outrageous levels. Often, however, shares remain a bargain compared to their long-term potential. Those willing to stomach the high upfront premium can be heavily rewarded if they remain patient.Even after rising more than 100% since I first pointed out how cheap the shares were, my favorite hypergrowth stock still looks like a bargain compared to its long term potential. Let's take a closer look.Since the year began, I've been writing frequently about Nu Holdings (NYSE: NU). Warren Buffett purchased shares for this holding company when the company went public in 2021, and I noticed he had lost hundreds of millions of dollars on this investment over the years that followed. At the time of Nu's initial public offering (IPO), shares traded at roughly $10. One year after the IPO, they were valued at less than $5.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool