Should You Buy Nu Holdings Stock While It's Below $15?

It's rare to find high-quality growth stocks on sale. But that looks to be the case with Nu Holdings (NYSE: NU). Most investors haven't heard of this stock, given that it operates exclusively in Latin America. But if you're looking to add sizable long-term growth potential to your portfolio at a discount, this could be your best opportunity of 2025.Nu is one of the fastest-growing financial services businesses on the planet. However, it only operates in three countries: Brazil, Colombia, and Mexico.The company's business strategy is simple: Offer financial services directly to customers through a smartphone app. While less unique in the United States, this approach took the Latin American market by storm in 2013 when it was first introduced. At the time, incumbent banks operated mostly through physical branches that were costly to maintain. These costs were passed on to customers, resulting in high fees for relatively simple services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool