All investors would obviously prefer to buy stocks at discounted prices. Most also understand, however, that often, you have to pay a premium for quality.

This presents something of a conundrum for anyone who currently has Nu Holdings (NYSE: NU) on their watch list. See, the stock is up by a frothy 250% just since the beginning of 2023. Although it began this big run-up with the advantage of being well below its late-2021 public offering price, the scope and pace of this bullishness still might leave would-be shareholders wondering if the rally has already run its course.

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Source Fool.com