NU - 1 Warren Buffett Stock That Could Go Parabolic in 2024
2024-04-20 03:52:00 ET
Warren Buffett's Berkshire Hathaway owns one of the world's most closely followed stock portfolios. Berkshire's top holdings are Apple , Bank of America , American Express , and Coca-Cola , but investors sometimes gloss over the smaller positions that might have more growth potential than those blue chip behemoths.
One of those oft-overlooked stocks is Nu Holdings (NYSE: NU) , a Brazilian digital bank that accounts for just 0.3% of Berkshire's portfolio. Berkshire currently holds 107.1 million shares of Nu, which gives it a 2.3% stake in the company, and that investment might go parabolic in 2024 for a few simple reasons.
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1 Warren Buffett Stock That Could Go Parabolic in 2024