Should You Buy Nu Holdings While It's Below $14?

Nu Holdings (NYSE: NU) is a digital bank that has disrupted the traditional banking sector in Brazil. The region was once known for its limited options and outrageous customer fees, making banking inaccessible to many residents. However, with its innovative approach to banking, Nu has taken a dominant position and counts Berkshire Hathaway among its investors.The consumer finance company is expanding its footprint into other key markets in Latin America, including Mexico and Colombia. However, it's been a rocky road for the stock recently, as concerns around its credit grow. On top of that, Berkshire trimmed some of its position, and the stock is down 29% from its recent 52-week high.With shares trading below $14 per share, is it time to buy the dip on Nu Holdings?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool