NU reported great results that confirm to me that fintech is a great business and I want to keep holding the stock. Unfortunately the stock didn’t respond by rising and in after-hours trading it dropped by 3%. I’ll add a little more, but my position is already large enough and now I want to buy more $SOFI.
Will you be adding $NU as well, or do you think the stock is expensive?
I haven't jumped on the $NU train yet. In any case, I'm worried that with rising inflation, fintechs will weaken. I feel similarly about $SOFI, where it's almost certain that interest rates simply won't be cut this year — on the contrary, they may be raised... Personally I see this as quite a big problem, but we'll see where the situation takes us; everything could end up completely different in the end.
I already have a fairly large position, but I'm considering a small add to average it down.
