Nu Holdings Stock Plummets

This is a Brazil news story, published by Yahoo Finance, that relates primarily to Nvidia news.

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Brilliant Fintech Stock

The Motley Fool

•

World

This Brilliant Fintech Stock Is Down 32%. Buy It Before It Sets a New All-Time High.

Summary

Nutrition label

59% Informative

Nu Holdings, a fintech company focused on the Latin American market, is in a 32% drawdown as of this writing.

Nu Holdings revenue hit $3 billion last quarter , up 50% year over year .

With over 50% of the adult population using the service, Nu Holdings is approaching user saturation in its home market of Brazil .

With a long runway to grow revenue, users, and profits, I think the stock will be setting an all-time high.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 690,624 ! Stock Advisor’s total average return is 821% — a market-crushing outperformance compared to 167% for the S&P 500.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful