2 Reasons Nu Holdings Stock Is a Buy Before May 13

Nu Holdings (NYSE: NU) has become one of the cheapest growth stocks on the market today. Not familiar with it? Many U.S. investors have likely never heard of the Brazil-based digital banking platform. But the statistics below should have you convinced that this is innovative business is one you'll want to own for the long term.Plus, there are several good reasons to consider jumping in before the company's next earnings release on May 13. For patient investors, owning shares of this fintech business could be one of the best investment decisions they ever make.Fintech stocks offer a lot of compelling characteristics for investors looking to grow their wealth as much as possible for as long as possible. As the name suggests, fintech businesses combine the best of both the technology and financial sectors. The tech sector, of course, is known for its rapid growth rates due to the potential for rapid uptake and widespread adoption, especially for software businesses that can push new products to millions of customers with the click of a button.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool