Why Nu Holdings Still Has Room to Run
NUNu .(NU) Gurufocus·2024-08-28 21:01

Shares of Nu Holdings Ltd. (NU, Financial) have been on fire over the past year. The stock has consistently posted higher highs, racing ahead of its exponential moving averages across multiple timeframes. However, with the the company's meteoric rise, stellar fundamentals, promising outlook and strong technical indicators suggest otherwise.Nu Bank, through its parent company, has quickly become one of the fastest-growing digital banking platforms, serving north of 100 million customers. It generates most of ...