NU: Q1 Earnings Reiterate The Growth Momentum

Justin Lambert/DigitalVision via Getty ImagesYesterday Nu Holdings (NYSE:NU) announced its Q1 2024 earnings results, and after listening to the earnings call, I reiterate my conviction and rate this company with a strong buy. In this analysis, I will briefly guide you through the business profile of Nu, to later discuss the things I liked and didn't like about the earnings release and how this new EPS data moves the PE multiple of the company. Nu Business Profile To briefly recall, Nu Holdings is a cong ...