Investors are betting these companies can post strong growth for years to come.The stock market is rewarding growth at the moment. Momentum trading is firing on all cylinders, with many growth stocks up over 100% this year.The first catalyst was the artificial intelligence (AI) boom, which has driven increased returns for technology companies. This most recent leg of the bull market was likely catalyzed by the United States presidential election and the Federal Reserve deciding to start lowering its benchma ...

Nu Holdings (NYSE: NU) has captured a significant share of Latin America’s unbanked population, growing its customer base from 33.3 million in 2021 to nearly 110 million by the third quarter of 2024.Operating as a fully digital bank, the company has thrived in markets like Brazil, Mexico, and Colombia, where traditional banking services remain inaccessible to many.Despite delivering impressive Q3 earnings, Sao Paulo-based Nubank has faced macroeconomic challenges in Brazil, including inflation and rising in ...

Nu's Q3 results came in significantly better than expected. So why is the stock falling?Nu Holdings' (NU -7.51%) stock is sinking in Thursday's trading following the company's third-quarter release. The Brazil-based fintech's share price was down 7.9% as of 12:15 p.m. ET.Nu published its third-quarter earnings results after the market closed yesterday and actually posted sales and earnings that came in ahead of Wall Street's expectations. Despite the Q3 beats, the company's share price is moving lower today ...

Nu Holdings Ltd. (NYSE:NU) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Jorg Friedemann - IR Officer David Vélez - Founder, Chairman, and Chief Executive Officer Guilherme Lago - Chief Financial Officer Youssef Lahrech - President and Chief Operating Officer Jag Duggal - Chief Product Officer Conference Call Participants Jorge Kuri - Morgan Stanley Mario Pierry - Bank of America Tito Labarta - Goldman Sachs Geoff Elliott - Autonomous John Coffey - Barclays Neha Agarwala ...

Nu Holdings Ltd. (NU) reported $2.94 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 37.7%. EPS of $0.12 for the same period compares to $0.07 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.01 billion, representing a surprise of -2.13%. The company delivered an EPS surprise of +20.00%, with the consensus EPS estimate being $0.10.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.12, delivering a surprise of 20%.Over the last four quarters, the company has sur ...

Nu Holdings Ltd. (NU) will report its third-quarter 2024 results on Nov. 13, after the bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for earnings for the to-be-reported quarter stands at 10 cents, indicating 43% year-over-year growth. The consensus estimate for revenues is pegged at $3 billion, indicating 40.7% year-over-year growth. There has been no change in analyst estimates or revisions lately.Image Source: Zacks Investment ResearchThe compan ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Nu Holdings Ltd. (NU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Nu currently has an average brokerag ...

Warren Buffett, famously known as the “Oracle of Omaha,” remains one of the most respected investors of all time. His influence runs deep, with countless investors not only taking his advice but also mirroring his portfolio moves. As we approach 2025, Buffett appears increasingly selective, showing little interest in new buys. Yet, his success lies in his ability to identify long-term stocks, companies with sustainable competitive advantages that deliver value over time.Recently, Berkshire Hathaway (NYSE: B ...

This is a Buffett stock that you can buy and hold for decades.Warren Buffett is known as a value investor. But he has also identified some of the best growth stocks of the past century. Right now, his holding company, Berkshire Hathaway, has more than $1 billion invested in what I believe could be the top-performing stock in his portfolio during the next decade. If you want to add Buffett's best stock pick to your portfolio, this looks like your chance.This is why Buffett loves this monster growth stockNu H ...