Where Will Nu Stock Be in 5 Years?
Nu Holdings (NYSE: NU) stock has had an incredible rise, and it's up 250% during the past three years. It consistently reports high growth and increasing profit, and it looks like it's just getting started. Let's see where it could be five years from now.
Nu has only been around for about a decade, but it's been growing by leaps and bounds. Its founders developed it to offer a better experience for Brazilians shut out of the financial system, which has high barriers to entry even for the affluent. Nu offers low-cost, all-digital products, and it's gaining customers even from higher socioeconomic brackets at a fast pace.
Image source: Getty Images.
Source Fool.com
