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18.05.2025 11:45:00
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1 Monster Stock Up 30% This Year to Buy With $1,000 Right Now
Nu Holdings (NYSE: NU) continues to crush the market, up almost 30% this year while the S&P 500 is little changed. It reported inspiring results for the 2025 first quarter, and because it's not a U.S. company, investors may see it as a safer stock while tariff discussions are still in the works. That's a turnaround from previous market sentiment, which viewed its international status as a risk factor.There are a lot of exciting things going on at this Brazil-based online bank, and if you have $1,000 available to invest after paying off debt and saving for an emergency fund, Nu stock is an excellent candidate.Nu was created as a reaction to the stringent barriers to entry in the Brazilian banking market, which is dominated by a handful of large, legacy banks. It offers all-digital financial services, and now that it has created a strong brand presence, it has launched new products to target other strata of society, and it's rolling out in new markets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool