Forget the AI Hype: 2 International "Wide Moat" Stocks You Can Buy Now and Hold Forever

Forget the AI Hype: 2 International “Wide Moat” Stocks You Can Buy Now and Hold Forever frames Nu Holdings and MercadoLibre as long-term plays in Latin America’s banking and e-commerce sectors. The article says Nu has 135 million customers across Brazil, Mexico and Colombia, with Nu Bank positioned as a preferred mobile banking app. It cites revenue of $12.3 billion over the last 12 months in Brazil and $950 million over the same period in Mexico, where it reports 15 million active customers. It also notes Nu’s shares are down nearly 32% from a one-year high and values the stock at a P/E of 20. MercadoLibre is described as operating in 18 Latin American countries, offering e-commerce, payments and advertising, and expanding toward banking for individuals and businesses, while the piece references Stock Advisor as the context for the recommendation.