2 Growth Stocks to Buy Like There's No Tomorrow [Yahoo! Finance]
Nu Holdings Ltd. (NU)
Company Research
Source: Yahoo! Finance
Following an exceptionally strong 2023, the broad-based S&P 500 index has posted a 7.5% return so far in 2024. While investors have now started worrying about a pullback as a result of high interest rates and geopolitical risks, there is still money to be made in the market. Long-term investors can pick up small stakes in fundamentally strong growth companies that are riding solid secular tailwinds to gradually build wealth. Here's why growth stocks Broadcom (NASDAQ: AVGO) and Nu Holdings (NYSE: NU) both fit these criteria and can prove exceptional buys in the long run. Broadcom A leading high-speed networking solutions provider, Broadcom came out with solid results in the recent quarter (the fiscal 2024 first quarter ending Feb. 4), with both revenue and earnings easily surpassing consensus estimates. Investors, however, seem to be disappointed with the company's weaker-than-expected guidance for fiscal 2024 and this has affected the company's share price performance in the p
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NU
News
- U.S. IPO Weekly Recap: Flurry Of IPOs Raise Over $1.3 Billion, Led By Cybersecurity Unicorn Rubrik [Seeking Alpha]Seeking Alpha
- Warren Buffett's 3 Best-Performing Stocks So Far in 2024: Are They Buys Now? [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Nu Holdings Ltd. (NU) Gained Today [Yahoo! Finance]Yahoo! Finance
- Nu Holdings: High-Quality Undervalued Growth Stock To Buy Today [Seeking Alpha]Seeking Alpha
- Nu Holdings Ltd. (NYSE: NU) had its price target raised by analysts at KeyCorp from $12.00 to $13.00. They now have an "overweight" rating on the stock.MarketBeat
NU
Earnings
- 5/15/23 - Miss
NU
Sec Filings
- 4/19/24 - Form 6-K
- 4/19/24 - Form 20-F
- 3/26/24 - Form 144
- NU's page on the SEC website