I've never delved into bank stocks.

$NU's no-brick-and-mortar approach is super low-cost. Their business model focuses on young customers--a group that's growing every day.

Revenues are growing. Profits are growing. They are wildly profitable in Brazil and have already achieved profitability in Columbia and Mexico. They've applied for an American banking license.

With a PE of 17, a proven business model and enormous growth potential, I really like this stock. If I'm missing something, I'd like to know.