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Where Will Nu Holdings Be in 3 Years?
The company's still growing, even if the stock's recent performance doesn't reflect this continued forward progress.
It may not be a familiar name to the average American. If you're an investor who regularly looks at stocks a bit off the beaten path, however, Nu Holdings (NYSE: NU) has very likely popped up on your radar as a growth prospect -- and deservedly so.
Last year's 43% increase in revenue nearly doubled its net income, extending a long-standing streak that's expected to persist at a similar pace for at least the next several years. You'd be hard-pressed to find a more promising pick with a comparable risk profile.
Where might Nu be three years from now, and is the stock worth owning between now and then? The answers to both questions are below. But, first things first ... what the heck is Nu Holdings?
