Nu Holdings
While lesser known than some of the other ARK funds stocks, this one could be ready to break out to new 52-week highs. Nu Holdings Ltd. (NYSE: NU) provides digital banking platform and digital financial services in Brazil, Mexico, Colombia and elsewhere. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills and make everyday purchases through their mobile phones.
The company provides savings solutions, such as Nu Personal Accounts, a digital account solution that supports all personal finance activities, from daily purchases and money transfers to savings, as well as Nu business accounts designed specifically for entrepreneur customers and their businesses.
In addition, it offers NuCrypto, a solution for buying and selling cryptocurrencies through the Nu app. Its NuInvest is an investment product that provides equity, fixed-income, options and ETF products, as well as multimarket funds with curated asset allocations based on the customer’s risk profile and financial position. It offers personal unsecured loans, in-app buy now pay later solutions for Nu card customers to pay credit and debit purchases, and banking payment slips over time in up to 12 installments. NuInsurance protects solutions to help its customers secure life insurance and funeral benefits.
UBS has set its target price at $9.30, and Nu Holdings stock has a consensus target of $8.70. On Friday, shares traded at $7.35.
Robinhood Markets
This stock was the birthplace for a large part of the meme stock revolution and has continued to attract big trading volume. Robinhood Markets Inc. (NASDAQ: HOOD) operates a financial services platform in the United States that allows users to invest in stocks, exchange-traded funds ETFs), options, gold and cryptocurrencies.
The company also offers various learning and education solutions. Snacks is a digest of business news stories; Learn is a collection of approximately 650 articles, including guides, feature tutorials and a financial dictionary; Newsfeeds offers access to free premium news from various sites, such as Barron’s, Reuters and The Wall Street Journal; and Lists allow users to create custom watchlists to monitor securities, ETFs and cryptocurrencies, as well as cash management services.
Mizuho’s $15 price target is higher than the consensus target of $12.88, and Robinhood Markets stock traded at $9.85 on Friday.
SoFi Technologies
This company took the SPAC route for its IPO and is a meme stock trader favorite. SoFi Technologies Inc. (NASDAQ: SOFI) provides digital financial services that allow its members to borrow, save, spend, invest and protect their money.
The company also offers student loans, personal loans for debt consolidation and home improvement projects and home loans. SoFi also provides cash management, investment and other related services.
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