Is Nu Holdings Stock a Millionaire Maker?
How many millionaires are there in the U.S.? According to Swiss bank UBS (NYSE: UBS), the answer is 23.8 million (as of the end of 2024, anyway). For many investors who haven't built a net worth of $1 million or more, though, the response might be: One too few.
Making $1 million is easier to accomplish with the right stocks. Nu Holdings (NYSE: NU) seems to check off many of the characteristics needed to be in that group. While it's unlikely investors can find just one stock to rocket them to millionaire status, it's worth asking if this fintech stock could be a millionaire maker.
Image source: Getty Images.
Source Fool.com
