Growth Stock Portfolio: 12 Stock Picks By Ken Fisher

Page 10 of 10

1. Nu Holdings Ltd. (NYSE:NU)

Average 5-Year Revenue Growth: 88.34%

Number of Hedge Fund Holders: 99

Fisher Asset Management’s Stake Value: $167,117,166

Nu Holdings Ltd. (NYSE:NU) is among the Growth Stock Portfolio. 

According to TheFly on December 4, 2025, UBS analyst Thiago Batista maintained a Neutral rating and raised the price objective for Nu Holdings Ltd. (NYSE:NU) from $16 to $18.40.

On the same day, Grupo Santander raised Nu Holdings Ltd. (NYSE:NU) from Neutral to Outperform with a price target of $22. The analyst informs investors in a research note that the company’s growth is growing faster, with Mexico moving forward and Brazil getting back.

On December 3, 2025, Bloomberg reported that Nu Holdings Ltd. (NYSE:NU), also known as Nubank, announced plans to apply for a banking license in Brazil in response to a legal change that bars non-bank businesses from using the word “bank” in their branding. Companies have 120 days to submit a compliance strategy as per the central bank’s ruling. The firm stated that the modification will not significantly change the need for extra financing. Previously, the business was able to offer credit cards and open accounts without a banking license.

Nu Holdings Ltd. (NYSE:NU) has over 110 million customers and a market capitalization of $79.18 billion. The business stated that earlier this year, it applied for a banking charter in the United States and already has a banking license in Mexico.

While we acknowledge the potential of NU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NU and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Growth Stock Portfolio: 12 Stock Picks By Ken Fisher is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10