Should You Buy Nu While It's Below $12?
Investors who allocate capital to the financial services space will likely be familiar with industry heavyweights such as JPMorgan Chase, Bank of America, , Mastercard, and Charles Schwab. I'm sure younger and digitally native companies such as Robinhood Markets and SoFi Technologies come to mind as well.
However, you might not know about Nu Holdings (NYSE: NU), a fintech enterprise that's making a splash in Latin America. It has already grown into a sizable business, with a market cap of $55 billion. And with shares currently 31% off their peak and trading for less than $12, it deserves a closer look.
Nu shares are volatile, but investors shouldn't let that distract them from the quality of the underlying business, which continues to fire on all cylinders. Growth is the most important variable to focus on.
Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 44 Buy predictions and no Sell predictions.
With a target price of 346 € there is a slightly positive potential of 10.37% for Visa Inc. A compared to the current price of 313.5 €.
