Nu Holdings reports Q2 gross profit $363.5M, up 109% y/y 17:21 NU Reports Q2 revenue $1.2B, consensus $907.8M. "We had another very strong quarter, with growth and profitability in our core business. We registered record revenues and are making huge strides towards becoming a multi-product and multi-country platform. Our largest operation -Brazil- is now profitable, having registered a net profit of US$ 13 million in the first half of 2022, driven by customer growth to 65 million and ability to offer and cross-sell new products. We are the fourth largest card player in Brazil, almost a quarter of all PIX operations pass through Nu's accounts, and we are a leader in the digital-direct investment space with 5 million active customers. We are diversifying and scaling with Crypto, Insurance, SME and Personal Loans. Moving internationally, we are now the #1 issuer of new credit cards in both Mexico and Colombia -where we have just received a license approval to continue our expansion", said David Velez, founder and CEO.
GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
Ted these seem like strong ideas. I don't follow them per sey but they certainly make sense in the current environment.
You can take from the HD news that home improvement will tick up as home sales decline and the same is true for cars. More tinkering I would think, making cars last longer. AZO is a very good idea.
Private equity the strongest shall thrive here-- That's what I thought CSL was! So you can see I'm not on point. I would be more careful with this one.
Shoals Technologies price target raised to $40 from $20 at Roth Capital 09:12 SHLS, FSLR Roth Capital analyst…
TIME TO TAKE THINGS SERIOUSLY!
I'm telling the HF today to sell what they can with upsetting the accounts too much. If we have a nice profit I want it/. Period. We can re examine things later
I'm telling the HF today to sell what they can with upsetting the accounts too much. If we have a nice profit I want it/. Period. We can re examine things later
This is all risk/reward now risk management. ROST is acting like it's going to beat. We have a $10 gain. Yes that second TA target price is higher- it does look like it's going there.
ROST Ross Stores, Inc.--OUT!
$92.42 +2.26(+2.51%)6:1
Not as good a gain here $6 or so. Never was a full position so easier to sell>
OLLI Ollie's Bargain Outlet Holdings, Inc.== OUT!
$65.75 0.33(+0.50%)6:13 AM 08/16/22
I'm not going to go through all my sells just giving you some of the most recent ideas that we discussed a lot here. If you have any individual names you were wondering about ask me.
For now I am holding NKE.
For now I am holding NKE.
QTRX Quanterix Corporation- Van going to $8.25 before up if you are good with that? Careful!>
$9.56-0.63(-6.14%) 6:18 AM 08/16/22
$9.56-0.63(-6.14%) 6:18 AM 08/16/22
This is my hardest call. Remember I have this in six different accounts so it's not a small position.
NFENew Fortress Energy Inc.------OUT!
61.67+2.08(+3.50%)
https://finance.yahoo.com/chart/NFE?studies=Visitor Trend&ncid=dcm_306158729_490172245_127172993
I bought MEGL $11 and BBBY $15c sold before it hit $
Good points, I love HD and LOW because they're great! My WMT is up $21 a share now
. I bought 100 BBBY $17c after making a double on the $15c yesterday. Started buying slow to paying high to test, than bought like crazy once it lifted.