Is Nu Holdings Stock a Buy?
Any stock becomes more interesting when investors find out that Warren Buffett owns it. The investing guru's savvy stock picking has built Berkshire Hathaway into an empire and earned him a mass of fans who follow his every move.
One of his most recent purchases is Brazilian fintech company Nu Holdings (NYSE: NU), which doesn't seem like one of his typical stock picks. Why did Buffett buy it, and should you?
Nu opened its figurative doors in 2013 to offer an all-digital financial services solution for Latin American customers. It has seen a hugely positive response since then.
Source Fool.com
