Nu Holdings Stock Soars 76% YTD: Is it Time to Jump Onboard?

Nu Holdings Ltd. (NU) has delivered an impressive performance this year, with its stock surging 76.4%, significantly outperforming the 20.1% rise of the industry and the 17.8% increase of the Zacks S&P 500 composite. NU's success can be attributed to its strong business model, which features a well-established brand, an efficient cost structure and effective monetization strategies. Year-to-Date Price Performance Image Source: Zacks Investment Research As of the latest trading session, the stock closed at $ ...