Here Are the 4 Stocks Both Cathie Wood and Warren Buffett Own

You might think Warren Buffett and Cathie Wood couldn’t be more different.

One is a staunch proponent of value investing. The other is exclusively focused on growth stocks with the potential to generate huge returns. Both investing styles have their merits, but they’re usually seen as opposite ends of the spectrum.

But both Buffett and Wood have one very important thing in common. They both maintain very long-term outlooks. And that’s often the key to success in investing.

Investors interested in great long-term investments may want to take a closer look at the four stocks held by both Buffett’s Berkshire Hathaway and Wood’s Ark Invest funds.

1. Nu Holdings

Brazilian-based Nu Holdings (NYSE: NU) has grown to become a leading financial institution in its home country while expanding to Mexico and Colombia.

Nu counts over 84 million customers in Brazil, more than half the country’s population. What’s more, it’s still growing quickly in the emerging market. It added 4.6 million new customers in the third quarter and grew 26% year over year.

Management intends to follow the same path to growth in Mexico and Colombia, where it’s still in the very early stages. Nu counts 4.3 million customers in Mexico and 800,000 customers in Colombia.

Nu offers an expanding set of financial services beyond banking, including credit cards, personal loans, insurance, and crypto trading. And the ability to sell multiple services to its customers is starting to produce leverage in the business. Adjusted net income increased from $63 million in the third quarter of 2022 to $356 million in the third quarter last year. While revenue growth is expected to slow, the operating leverage of the business is just starting to come through. And if it can grow in either Mexico or Colombia with the success it had in Brazil, it should see substantial growth in its bottom line.

2. StoneCo

Another Brazilian fintech favored by both Buffett and Wood is StoneCo (NASDAQ: STNE). The company offers small and…