The Ultimate Bank Stock to Buy With $1,000 Right Now

Investors usually look to bank stocks for stability and passive income. They're rarely the growth portion of an equity portfolio, but they can keep your holdings on solid ground when the economy or market is shaky.But today, there's a new cadre of bank stocks that are all-digital and fast-growing. These fintech companies have tremendous opportunity as the future of the industry, and Nu Holdings (NYSE: NU) is leading the way. If you have $1,000 to invest, Nu could be the ultimate bank stock to buy right now.If you're wondering why you haven't heard of this powerhouse bank, it's because Nu only operates in Brazil, where it's headquartered, and its newer markets of Mexico and Colombia. North Americans, for the most part, only know of Nu in relation to the stock market. It's a good reason to get to know it better.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool