Part 1: Deep dive writeup on Nubank ($NU)
Part 1: Deep dive writeup on Nubank ($NU)
In addition to my Substack newsletters, I also run a Stocktwits room where I post my current holdings, daily activity, investment models, technical analysis, live charting, live trading and market/macro commentary for both my Investment Portfolio (long term, strong fundamentals, 20-30 holdings) and my Trading Portfolio (short term, strong technicals, 10-20 holdings). My investment portfolio is the one with a 3-year CAGR of 75.9% from February 2020 through January 2023. The two options are $20/month for the monthly plan [click here] or $200/year for the annual plan [click here].
Several weeks ago I launched Trading Charts which is focused exclusively on my trading portfolio. Every morning (around 7:30am EST) I send out an email with 10-20 of my favorite trading charts/setups for the day. You’ll also have access to my current trading portfolio with current positions/sizes and entry/exit prices. I also do live charting/trading sessions everyday on Zoom with Q&A.
Company: Nu Holdings
Ticker: (NU)
Website: Nubank.com [click here]
IPO date: December 9, 2021
IPO price: $9.00
Stock price at the time of writing: $4.94
Outstanding shares: 4.67 billion
52 week high: $8.47 on March 25, 2022
52 week low: $3.26 on June 16, 2022
All time high: $12.24 on December 10, 2021
Market cap: $23.10 billion
Net cash/debt: +$3.42 billion
Enterprise value: $19.68 billion
Headquarters: São Paulo, the State of São Paulo, Brazil
Number of employees: 12,000+
Average analyst price target: $7.20 which is 45.7% higher than the current price
Investor Relations [click here]
Q4 2022 Earnings Report [click here]
Q4 2022 Earnings Presentation [click here]
Q4 2022 Earnings Call Transcript [click here]
Outline
Introduction [part 1]
Company Background [part 1]
Opportunity [part 1]
Technology [part 1]
Business Model [part 1]
Customers [part 1]
Competitive Advantages [part 2]
Management [part 2]
Culture [part 2]
Financials [part 2]
Key Metrics [part 2]
Risks [part 2]
Ownership [part 2]
Valuation [part 2]
Investment Model [part 2]
Analysts [part 2]
Technicals [part 2]
Conclusion [part 2]
Unless you’re a paid subscriber you won’t be able to read any further, here’s what is behind the paywall:
12,000+ word (2-part) writeup on NU
link to my investment portfolio spreadsheet with holdings, sizes & performance
link to my investment models for all current portfolio holdings
link to my daily Zoom webcasts
My investment portfolio is up +20.1% YTD and up +533% over the past 3 years since February 2020 (ie 75% CAGR). All of this data is available on my investment portfolio spreadsheet. FWIW, some of my largest positions have had a really great Q4 earnings season including LNTH, TMDX, UBER, GLBE, SWAV, INMD and DOCN.