Nu Holdings Ltd.: The changing future of growth
Nu Holdings Ltd. $NU, the parent company of the popular Nubank, has grown substantially in the past year and the stock has doubled in value. However, according to Malcolm Dorson, its previously unequivocal growth trajectory may now be in jeopardy due to several uncertain factors.
Dorson said the future course of the company's...
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I really can't complain this year, the numbers are finally coming in on the stock's performance and $NU is adding another +6.7% in the premarket after releasing quarterly results.
Nubank added 5.31 million customers in the first quarter ending March 4, bringing the global total to 79.1 million, a 33% increase over last year.
The bank's gross profit rose 124% to $650.9 million. On...
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Another +3.6% for $NU 🤑 It's a decent bounce this year and I finally see growth at this position. So I'm still hoping to be happy after today's earnings 😅
Expectations are positive: the estimate for revenue is set at $1.51 billion, suggesting 4% quarterly growth, while earnings per share are expected to meet estimates exactly.
What is the best performing stock in your portfolio so far this year? 😎
While there are other and more negative themes resonating in the market, let's at least digress for a moment and focus on something more pleasant.
For me, this year it's $NU (YTD +66%). Of course, my appreciation is a bit lower because I've been accumulating stocks there for a while, so I'm around +35% on...
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That assessment is great. I don't know if it's a stock I'd want to have in my portfolio, but if the price were lower, I might buy at least for my speculative portfolio.