Should You Invest $3,000 in Nu Holdings Right Now?

Nu Holdings stock has fallen 24% from its all-time high, presenting a potential buying opportunity for long-term investors. The fintech company demonstrates strong fundamentals with 42% year-over-year revenue growth, 135 million customers, and projected 35% compound annual earnings growth over the next three years. Trading at a forward P/E ratio of 20.2—a discount to the S&P 500—the company's lean digital-only model and cross-selling capabilities suggest it deserves a higher valuation multiple, making it an attractive pick for investors with a five-year holding period.