12 Most Buzzing Stocks to Buy According to Hedge Funds

Page 6 of 11

6. Nu Holdings Ltd. (NYSE:NU)

Volume:  54.8 Million

Average Volume (3-Month): 40.1  Million

Number of Hedge Fund Holders: 54

Nu Holdings Ltd. (NYSE:NU) is one of the largest financial services platforms that serves more than 110 million customers across Brazil, Mexico, and Columbia. The company makes sure that it provides an end-to-end customer experience across the entire financial journey. In five years, the company has allowed 20.7 million Brazilians to own and run their first credit card. In addition to that, on January 21, Nu Holdings Ltd. (NYSE:NU) reported that NU Mexico has managed to reach 10 million customers in the country, increasing its reach by more than double in just one year. Similarly, NU Mexico has also helped nearly 50% of its customers access a credit card for the first time.

With a mission to contribute to the digital transition in the finance sector, on January 20, Nu Holdings Ltd. (NYSE:NU) announced that the company is expanding its NuCel customer base in Brazil. NuCel is a mobile phone service, launched by the company in October 2024, with a focus on improving the customer experience. The mobile service offers no-commitment plans to users and provides a myriad of benefits such as an unlimited voice package, unlimited WhatsApp, and access to an exclusive savings box. The company plans to gradually increase the footprint of NuCel and launch the tab in the Nu app for easier access. Analysts are also bullish on the stock and their median price target of $15.5 points to an upside of 17%.

Page 6 of 11