1 Reason Nu Holdings (NU) Is One of the Best Financial Stocks You Can Buy Today
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Nu Holdings (NU) has outperformed the S&P 500 Financials index, rising 56% year-to-date compared to the index's 12% gain. The company reported a 42% year-over-year sales growth in Q2, adding 4.1 million new customers, totaling 122.7 million users. With a gross margin of 42.2%, Nu Holdings is well-positioned for further growth and profit-margin improvements, making it a strong buy in the financial sector.
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