Nu Holdings Stock Surges 79% YTD: Should You Buy Now or Wait?

Nu Holdings Ltd. (NU) delivered an impressive performance this year, with its stock surging 78.7% and outperforming the 2% rise of the industry. 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. As of the latest trading session, the stock closed at $14.89, just shy of its 52-week high of $15.1. It is trading above its 50-day moving average, indicating a bullish sentiment among investors. Za ...