Financial sector lost 580bps over the last five sessions.
Author: Dean Kim
Dean Kim is an Executive Director, Research Analyst for William O’Neil + Co..
Mr. Kim joined the firm to establish equity research coverage of the financial technology (“fintech”) sector. He has unique insight into the industry’s growth drivers, with broad experience covering the financial sector as an analyst and overhauling corporate business processes as a management consultant.
Most recently, Mr. Kim served as Chief Financial Officer of Jios Aerogel Limited, a leading producer of the aerogel nanotechnology-based insulation material. As CFO, he raised more than $5 million in capital and managed liquidity, budgeting, and forecasting. Previously, he was an equity analyst for more than a decade. From 2007–2011, Mr. Kim headed equity research for BNP Paribas’ Korea office and simultaneously covered the banking sector, for which he was ranked number one by the Thomson Reuters/Joong-Ang Daily poll. He was also an equity analyst on Lehman Brothers' proprietary trading desk in Hong Kong, and on an Institutional Investor-ranked small cap team at UBS. Earlier in his career, Mr. Kim, an engineer, worked as a business process redesign specialist at Deloitte Consulting, analyzing the organization-wide processes of utilities and manufacturing companies.
Mr. Kim earned a Bachelor’s degree in Electrical Engineering at Yale University, and an MBA from Columbia Business School.
Outside of work, Mr. Kim enjoys coaching his kids’ soccer teams and traveling with his family.
O’Neil Global Cryptocurrency Weekly
Toncoin is the best performer year-to-date, gaining ~185%.
O’Neil Financial Sector Weekly
Financial sector gained 60bps over the last five sessions.
O’Neil Global Cryptocurrency Weekly
Toncoin is the best performer year-to-date, gaining ~192%.
O’Neil Financial Sector Weekly
Financial sector gained 30bps over the last five sessions.
O’Neil Global Cryptocurrency Weekly
Toncoin is the best performer year-to-date, gaining ~215%.
O’Neil Financial Sector Weekly
Financial sector gained 3.5% over the last five sessions.
O’Neil Financial Sector Weekly
Financial gained 110bps over the last five sessions.
Buy NU as It Broke Out to All-time Highs
Key points:
- Buy Nu Holdings stock as it broke out to an all-time high from a stage-three flat base and is actionable in the pivot range of $12.5–13.1. Nu Bank is scaling in Mexico at a faster pace than Brazil, with reacceleration in customer additions. The total revenue growth rate has been accelerating and has been 60%+ for the past four quarters, while net profit has been growing in triple digits for the past two quarters. The bank is foraying into banking through AI by partnering with two companies in June to accelerate its AI-first strategy.
- Good fundamental profile: Good EPS Rank 80 and SMR Rating of A. It turned profitable in FY23. The Street expects strong EPS growth of 63% y/y and 54% y/y in FY24 and FY25, respectively.
- Excellent technical profile: RS line is trending upward and is near an all-time high. RS Rating has remained stable above 90 for the past nine weeks. Up/Down Volume ratio of 1.1 and a positive Acc/Dist Rating denote good demand for the stock.
O’Neil Global Cryptocurrency Weekly
Toncoin is the best performer year-to-date, gaining ~187%.