These three stocks are perfect for those seeking to follow Buffett's best ideas. This could be the next superstar Buffett stock The company got its start in 2013 after co-founder David Vélez, then a member of Sequoia Capital's investment team, recognized a giant opportunity in Latin America's banking sector. For years, the region's banking sector was dominated by a handful of powerful incumbents charging customers high fees for simple services. Nu's strategy was simple: Bypass the existing financial system ...

Why is Nu Holdings so special? Source: Nu Holding's Investor Relations Rapidly Growing Customer Base Rapidly growing customer base 20.20 million. This growth has positioned Nu Holdings to reach 54% of Brazil's adult population, with 83% of these customers being active every month. The first factor driving my bull thesis is its rapidly growing customer base. Nu Holdings has nearly doubled its expansive customer base in the past two years, achieving a compound annual growth rate of 29% from first-quarter 2022 ...

This booming digital bank is trying to capture a huge market opportunity. Berkshire Hathaway (BRK.A -0.60%) (BRK.B -0.17%) is a top business that investors follow. That's because its longtime chief executive officer, Warren Buffett, has a fantastic track record of allocating capital for the conglomerate. Berkshire also owns many stocks in its public equities portfolio that can give the average investor potential ideas to choose from. There's one company called Nu Holdings (NU 1.44%) that might fly under the ...

NU's full-year Zacks Consensus Estimates are calling for earnings of $0.41 per share and revenue of $12.25 billion. These results would represent year-over-year changes of +70.83% and +52.56%, respectively. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, which ranges f ...

The Latin American fintech company still has plenty of room to grow. A digital-only disruptor | --- | --- | --- | --- | --- | --- | |----------------------------|---------|---------|---------|---------|---------| | Metric | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | | Customer growth (YOY) | 33% | 28% | 27% | 26% | 26% | | Monthly ARPAC growth (YOY) | 28% | 19% | 27% | 23% | 30% | | Revenue growth (YOY) | 87% | 60% | 53% | 57% | 64% | But through all of those wild swings, many major investors stayed ...

There are dozens of stocks in Berkshire Hathaway's portfolio. Let's look at a couple of potential winners. Warren Buffett knows a thing or two about investing. You can do far worse than leaning on his portfolio of publicly traded investments to find the next potential addition or two for your portfolio. There are dozens of candidates. Let's go over two of the names that I like right now. 1. Nu Holdings A whopping 54% of Brazil's adult population has a Nubank account. A couple of years ago it expanded into M ...

Over the past month, shares of this company have returned -2.8%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Technology Services industry, which Nu falls in, has gained 4.6%. The key question now is: What could be the stock's future direction? Earnings Estimate Revisions We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a comp ...

Solving Brazil's banking problem However, investing in Nu is an investment in its future growth opportunities. Nubank has set its sights on two massive market opportunities: Mexico and Columbia. In Mexico, Nubank's customer count grew to 6.6 million in the first quarter, up 106% from just one year earlier. Nu wasn't squandering its money, though. Instead, it was adding customers at an astonishing pace. Since the start of 2020, the bank's customer count in Brazil has grown from 23.5 million to nearly 92 mill ...

Let's go over the near-to-mid-term catalysts that should send the stock much, much higher. Nu's mature cohorts are at a monthly ARPAC of $27, compared to the total average of $11.40. That alone is almost a $20 billion opportunity, and that only takes into account existing offerings. In addition, Nu is constantly launching new services and products, which will lead to a higher mature ARPAC over time. Importantly, the 100 million customer mark is also far from being a peak: In Q1'24, Nu's revenues reached $2. ...

PayPal (PYPL) Furthermore, the company's financial performance has been nothing short of impressive. It has consistently surpassed analyst expectations in the past three quarters. In its most recent financial report, it recorded a robust 10% increase in sales, driven by a significant 14% rise in total payment volumes. Source: shutterstock.com/CC7 Furthermore, as customers engage more actively across its powerful platform, Nu's financial ecosystem promises spectacular returns. Visa (NYSE:V) is a towering fig ...