The Best Bank Stock to Invest $500 in Right Now

Emerging markets might be the best place to find lucrative investment ideas in today's banking industry. Consider that Latin America has a population of 665 million, roughly double that of the United States. However, unlike in the U.S., large segments of the population still lack basic modern-day privileges, like essential banking services.As the Latin American economy matures, Nu Holdings (NYSE: NU) figures to win big, making it arguably the best bank stock in which you can invest $500 today.I'll outline the case for Nu Holdings below, including its wide-open growth opportunities, exploding profit growth, and tantalizing valuation, which make it a compelling stock idea.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool