Nu Holdings Stock Keeps Growing Fast. Does It Still Deserve a Growth Multiple?

Warren Buffett famously said 35 years ago that value investing and growth investing are "joined at the hip." A stock with a price-to-earnings ratio (P/E) of 5 may actually be expensive because of its deteriorating business, while one with a P/E of 50 may be cheap because of upcoming years of hypergrowth. One financial technology company that has historically traded at a premium earnings multiple is Nu Holdings (NYSE: NU). It trades at a high P/E ratio compared to its consumer banking competition but is growing earnings at a rapid clip.Does it still deserve a growth multiple? Here's why now might be a perfect time to buy Nu Bank stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool