Is Nu Stock a Buy?

Early investing usually involves some amount of risk. New companies don't have proven track records, and you need to take a chance on them to benefit later on.

Investing legend Warren Buffett isn't known for high-risk investing; he's known for value investing, or finding great stocks trading below their intrinsic value. But even Buffett and his team at Berkshire Hathaway identified Nu Holdings (NYSE: NU) as an investing opportunity back in 2021, when it was all of eight years old and before it became a public company.

Nu has been demonstrating impressive performance so far, reporting high growth as it becomes consistently profitable. The stock is up more than 170% during the past year alone; is there still time to buy?

Source Fool.com