Nu Holdings: Brazil's Election Rally Isn't A Reason To Buy (Downgrade) (NYSE:NU)
· seekingalpha.com
Nu Holdings Ltd. stock analysis: strong digital bank growth and 30%+ ROE, but Brazil macro/FX risks and 19x earnings valuation. Click for this NU update.
As a Brazilian, I'm cautious with Brazilian equities. Perhaps because I know the risks and uncertainties related to the macroeconomic landscape. Sometimes, I ma...