When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NU - NU: Q1 Earnings Reiterate The Growth Momentum
Nu Holdings Ltd. Class A
2024-05-15 09:31:42 ET
Summary
With revenue, ROE, and NIM continuing to expand at elevated levels, the growth story remains intact.
With this earnings release the stock's PE should decrease by approximately $7.81 based on the new diluted EPS and post-market trading price, improving the valuation.
Although not everything in this release was all sunshine and rainbows, Q1 appeared strong, I am reiterating my high conviction in the stock and going with a strong buy rating.