Nu Holdings Rises 1.98% as Citigroup Upgrades to Buy Despite Ranking 128th in Market Activity

On August 22, 2025, Nu Holdings (NU) rose 1.98% with a trading volume of $0.8 billion, ranking 128th in market activity. A Citigroup analyst upgraded the stock to a "Buy" rating and raised its price target to $18 from $9, reflecting confidence in the digital bank's growth potential. The move follows Nu's expansion in Brazil, where it serves over 30% of the adult population and is leveraging AI to enhance credit access. The firm also highlighted opportunities in Mexico and Colombia, where customer growth has accelerated, and its cost-efficient digital model supports profitability. The upgrade aligns with Nu's strategic focus on cross-selling and market share gains in emerging economies.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day resulted in a moderate return. The total profit from this strategy, considering the given time frame from 2022 to the present, is $2,340. The cumulative return reaches 23.4%. This indicates a positive performance, but the returns are not significantly high, suggesting a more conservative approach to trading volume-based strategies.