Nu Holdings Stock Is a Hyper-Growth Machine That You Shouldn't Ignore
Nu Holdings (NYSE: NU) stock performed exceptionally well last year. After some post-initial public offering (IPO) struggles, share prices for the Brazil-based digital banking platform zoomed from $3.50 to nearly $9 in 2023. With an innovative business model focused on rapid-growth geographies, this is one growth stock no investor should ignore.
At first glance, Nu is a bank stock, but the truth is far more exciting than that.
Well-known venture capital firm Sequoia capital has backed thousands of start-ups, many of which grew into iconic brands. Its long list of successful investments includes Apple, Alphabet's Google and YouTube, PayPal, Meta Platform's Instagram and WhatsApp, Airbnb, and . Paying attention to what Sequoia Capital is doing has been a reliable way to generate exceptional long-term returns.
Source Fool.com
Dropbox Inc Stock
With 4 Buy predictions and 3 Sell predictions the community is currently undecided on Dropbox Inc.
As a result the target price of 29 € shows a positive potential of 33.33% compared to the current price of 21.75 € for Dropbox Inc.
