Nu Holdings: The Selloff Is A Gift

Nu Holdings is initiated at a buy rating, with the recent stock selloff seen as a long-term buying opportunity. NU's resilient YoY customer and financial metrics, including 42% revenue growth and improved efficiency, underscore strong execution despite mixed QoQ trends. Forward P/E of 13.83 reflects excessive market pessimism, as Nu continues to expand market share and invest heavily in Brazil.