Jim Cramer Shed Light on These 10 Stocks

3. Nu Holdings Ltd. (NYSE:NU)

Number of Hedge Fund Holders: 54

When a caller asked Cramer about Nu Holdings Ltd. (NYSE:NU), he suggested SoFi instead.

“You know this is a finTech company and it’s a really hard company… It’s very expensive. I actually would prefer I, I prefer SoFi, which reports on Monday morning.”

Nu Holdings (NYSE:NU) offers a range of digital banking services, including credit and prepaid cards, mobile payment solutions, savings and investment products, personal loans, and various insurance options, all through its digital platform. The company stock was up over 38% while SoFi stock rose more than 77% over the past 12 months.

White Falcon Capital Management stated the following regarding Nu Holdings Ltd. (NYSE:NU) in its Q4 2024 investor letter:

“Nu Holdings Ltd. (NYSE:NU) has recently corrected due to Brazil’s macroeconomic struggles. Nu reports its earnings in U.S. dollars but generates revenue in Brazilian reais, Mexican pesos, and Colombian pesos. The sharp depreciation of these emerging market currencies, coupled with ongoing macroeconomic uncertainty, is making investors uncomfortable. Our due diligence suggests that Nu remains unaffected. Importantly, we continue to believe that Nu is a rare business with a combination of a large market opportunity, a strong moat driven by its superior cost structure, and a brilliant management team.”