There are no guarantees that any stock will generate huge returns. But the odds look pretty good for these three growth stocks.
The stock of next-generation bank and financial services company Nu Holdings (NYSE: NU) got some new momentum on Monday. In a very brief regulatory document filed with the Securities and Exchange Commission (SEC) on Saturday, Nu Holdings wrote that it "hereby informs its shareholders and the market that neither the company nor any of its subsidiaries have any exposure to Silicon Valley Bank." Silicon Valley Bank, the core business of SVB Financial, is of course the latest high-profile banking sector meltdown.
Shares of Brazilian digital bank Nu Holdings (NYSE: NU) jumped on Monday after the company announced a new addition to its board of directors. Today, Nu announced that David Marcus had been added to its board of directors. Marcus isn't necessarily a household name, but he does have experience at big companies including Meta Platforms and PayPal.