Long-term Investment: Amazon and Nu Holdings as Buffett Favorites

Eulerpool Research Systems Oct 3, 2024

Takeaways NEW

  • Amazon and Nu Holdings identified as promising long-term investments.
  • Both companies have significant growth opportunities in their respective markets.
Investors worldwide are often inspired by Warren Buffett. With his holding company Berkshire Hathaway, he has achieved outstanding, market-beating returns over the years and, in doing so, has provided valuable insights for his followers. Buffett once stated that his preferred holding period for stocks is "forever." The ideal stock could remain in the portfolio for decades and multiply in value. Two authors from The Motley Fool have identified Amazon and Nu Holdings as particularly attractive Buffett-style securities that could be held for the long term. Jennifer Saibil emphasizes that it is not too late for investors to invest in Amazon. The e-commerce giant still has tremendous growth opportunities. Amazon, which accounts for more than a third of all e-commerce sales in the US, is steadily expanding into new areas and remains a dominant player in the market. In the areas of cloud services and artificial intelligence, Amazon also has great potential, making it a promising investment for patient investors. Keith Noonan highlights Brazil-based Nu Holdings, an emerging bank and financial technology company operating in multiple Latin American countries. With an impressive customer base and growing financial success, Nu is proving to be a leader in Brazil and has the potential for significant expansion into other markets. For investors looking to capitalize on financial technology opportunities in emerging markets, Nu offers an interesting long-term investment opportunity.

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