Nu Stock Just Cratered, and It's 36% off Its High. Is This a Buying Opportunity?

Nu Holdings, a fast-growing Latin American digital bank, dropped 36% from its high following Brazil's election results, despite strong fundamentals. The company continues to expand rapidly with 140 million customers, growing revenue (39-56% YoY), improving profitability, and increasing average revenue per customer. Trading at under 11x forward earnings, analysts view the decline as a buying opportunity given the company's solid growth prospects and market expansion into the U.S.