Paid subscribers to Jonah’s Growth Stock Deep Dives receive ~2 deep dives per month (8,000+ words), ~2 mini deep dives per month (2,000+ words) and quarterly earnings commentary (on most of my portfolio companies) plus access to my investment portfolio (up +103.7% YTD in 2024, up +134.7% in 2023 and up +2,060% since January 2020) with real-time daily activity, notes/commentary and charts throughout the day.
My investment strategy is pretty simple. I want to own 20-30 high-quality growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling I will trim or sell my position. I want to own stocks that have at least 50% upside within the next 1-2 years and at least 100% upside within the next 3-4 years. If I buy stocks that are too expensive, the fundamentals aren’t good enough or my investment thesis is flawed — then I’ll never hit my investment targets. My objective is to maximize performance in good markets and minimize losses in bad markets. I accomplish this by being very selective in what I own but also using technical analysis, stop losses and hedges to protect my portfolio in market downturns.
A Financial Powerhouse in Latin America: Mini Deep Dive On Nu Holdings
Nu Holdings has achieved significant growth in Brazil, characterized by a large customer base, high usage rates, low operational costs and strengthening existing relationships with additional products
The company is strategically expanding into new Latin American markets like Columbia and Mexico, set to replicate success in Brazil.
Nu is positioned for continued growth; already becoming a highly profitable business that is still undervalued by most metrics
The company is firing on all cylinders with a seasoned management team and strong balance sheet which will allow NU to pursue growth new opportunities which may include product portfolio expansion, market/geographic expansion and/or small acquisitions (they don’t need to do anything big)
NU 2023 Q4 earnings report [click here]
NU 2023 Q4 earnings presentation [click here]
NU 2023 Q4 earnings webcast [click here]