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Nubank Continuing On The Path To Greatness

Dec. 02, 2021 6:53 AM ETNu Holdings Ltd. (NU) Stock5 Comments
Noah Wilson profile picture
Noah Wilson


  • Nubank is in a large and fast-growing market in which it has already topped Brazil’s largest traditional lender to become the country’s biggest financial services provider.
  • The Latin American banking sector is highly concentrated, and the incumbents have shunned vast swathes of the population because their high costs to serve compel them to chase high-margin opportunities,.
  • Customer dissatisfaction with the status quo is very high, and this has driven many customers to Nubank, driving its revenue and customer growth.

New York Stock Exchange Opens For The Week After Drastic Plunge Friday

Spencer Platt/Getty Images News

Brazilian digital bank operator, Nu Holdings Ltd. (NYSE:NU), which we will refer to from hereon as Nubank, cut its initial public offering (IPO) price by around 18%, after witnessing a tech selloff that has softened the market for IPOs. The

This article was written by

Noah Wilson profile picture
I'm an independent investor with experience trading forex, cryptocurrency and stocks. I'm particularly interested in tech and biotech stocks with a long term growth philosophy. Originally from the UK, I worked for Barclays bank in London for 10 years before moving to the East coast of England. I currently run several online businesses while writing about investment as a hobby. None of the views I express should be taken as investment advice and is purely my own musings on a stock's investment potential.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Comments (5)

BTW, BRK owns (or owned) STNE (another Brazilian financial services company). Check out its stock price.
I agree, this stock is too pricy. Look at other names in the Brazilian banking sector. They are cheap; not reasonable, but cheap. They also pay sweet dividends while you wait for their valuations to be realized, upwards.
DiamondBull profile picture
This should ideally be around $5-$7B in Market cap and not $40B. So ideal price will be $2 to $2.5
It has super bloated valuation right now.
There are less expensive financial EM stocks to buy into EM growth in south America.
The right moment to buy banco itau shares with all this attention on nubank.
They can even buy stone or pags and stay the biggest.
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