Editor's note: Seeking Alpha is proud to welcome Daniel Urbina as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Antonio_Diaz/iStock via Getty Images The stock of Nu Holdings (NYSE:NU) has risen more than 132% in just one year, recovering from its massive drop of -71% it experienced months after its IPO. Despite this impressive recovery, in this analysi ...

Berkshire Hathaway bought and sold several stocks in the 2023 fourth quarter, completely selling out of four positions. As usual, Chief Executive Officer Warren Buffett extolled his favorites, American Express and Coca-Cola, and he added Occidental Petroleum to that list as a stock he'd probably never sell.But while they may all deserve accolades, I don't think any of them will be Berkshire's best-performing stock over the next five years. I would give that status to one of Berkshire Hathaway's small positi ...

A February article from Bloomberg about Stark Bank, the Jeff Bezos-backed startup, got me thinking about Latin American fintech stocks. There are plenty of options in this arena. According to Bloomberg, Stark handled $31 billion in payments in 2023, three times more than a year earlier. At the same time, it doubled its net income to $14.4 million. “While a lot of tech companies are trying to stop losing money, we’re posting high levels of profitability,” stated Stark Bank founder Rafael Stark. “There’s no n ...

Key PointsNu stock continues to rise after a solid earnings report, dousing investors hope for a buyable dip. The company continues to expand its customer base and has solid fundamentals. The fintech is held by both Berkshire Hathaway and Cathie Wood's ARK Fintech Innovation ETF.  5 stocks we like better than NUNu Holdings Ltd. NYSE: NU stock is up 119% in the last 12 months. However, investors hoping for a pullback after the company's slight miss on earnings will have to wait. Since the Latin American fint ...

Nu Holdings Ltd. (NU) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +28.6% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Technology Services industry, to which Nu Holdings Ltd. belongs, has gained 16.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although med ...

Nu Holdings (NYSE: NU) stock price continued its strong uptrend this week as demand for the shares jumped following its earnings report. The stock surged to a high of $10.73, its highest point since February 2022. It has risen by over 226% from its lowest point in 2023, giving it a market cap of over $48 billion.Strong growth and profitsCopy link to sectionNu Holdings, the South American digital bank backed by Warren Buffett, is doing well as it continues gaining market share in the region.  This view was c ...

Youssef Lahrech - President and Chief Operating Officer Thiago Batista - UBS David Velez - Founder, Chairman, and Chief Executive Officer Conference Call Participants Jorge Kuri - Morgan Stanley Pedro Leduc - Itau Yuri Fernandes - JP Morgan Operator Good afternoon, ladies and gentlemen. Welcome to Nu Holdings Conference Call to discuss the results for the Fourth Quarter 2023. A slide presentation accompanies today's webcast, which is available Nu's Investor Relations website, www.investors.nu in English and ...

For the quarter ended December 2023, Nu Holdings Ltd. (NU) reported revenue of $2.4 billion, up 65.8% over the same period last year. EPS came in at $0.08, compared to $0.03 in the year-ago quarter.The reported revenue represents a surprise of +0.63% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $0.09, the EPS surprise was -11.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.07, delivering a surprise of 16.67%.Over the last four quarters, the company ...

Non-IFRS Financial Measures and Reconciliations As of August 31, 2023, income statement figures were divided by the average FX Rate of the month (R$ 4.9080, MXN 16.9940 and COP 4,073.3230 to US$ 1.00) and balance sheet figures were divided by the last price FX Rate of the month (R$ 4.9550, MXN 17.0378 and COP 4,092.1200 to US$ 1.00). As of September 30, 2023, income statement figures were divided by the average FX Rate of the month (R$ 4.9446, MXN 17.3155 and COP 4,005.5595 to US$ 1.00) and balance sheet fi ...