3 Great Foreign Companies to Invest in Right Now

The U.S. is a center of innovation, and investors and governments worldwide follow its stock market and its economy. Hence, one can understand why many of the most engaged investors don’t often venture outside the U.S. to find potential stocks.

Unfortunately, that attitude can lead to missed opportunities. There are plenty of international companies rapidly growing as new industries and markets emerge. And fortunately, the stocks for many of these companies trade at a discount.

Investors who want to capitalize on such opportunities should look at stocks from companies like Nu Holdings (NYSE: NU), StoneCo (NASDAQ: STNE), and Sea Limited (NYSE: SE). Let’s look at why these are three great foreign companies to invest in right now.

1. Nu Holdings

According to TopMobileBanks, Nu Holdings has emerged as the world’s largest digital bank, as measured by capital raised. In its native Brazil, The NuBank parent has brought previously unbanked residents into the financial system, issuing the first credit card to nearly 6 million Brazilians in a one-year period.

3 great foreign companies to invest in right now

World’s Largest Digital Banks by Capital Raised, July 2023

Now, with nearly half of Brazil’s adult population holding at least one NuBank account, it has begun to repeat this strategy in Mexico and Colombia. The approach has taken NuBank’s customer count to 84 million, rising 28% in one year.

Such growth caught the attention of Warren Buffett’s Berkshire Hathaway, which was an early investor in Nu. And little wonder, as its revenue of $3.5 billion for the first six months of 2023 rose 71% versus the same period in 2022. Also, keeping operating expense growth in check allowed it to earn a net income of $367 million in the year’s first half. Nu lost $75 million in the first six months of 2022.

After declining at the beginning of this year, Nu stock is trading up significantly. Additionally, its forward P/E ratio of 38 makes it a bargain, given the digital bank’s massive revenue growth and rising popularity.

2. StoneCo

StoneCo is another Brazilian stock that drew a pre-IPO investment from Berkshire Hathaway. The fintech stock resembles Block’s Square ecosystem in many respects, providing fintech services and enterprise software to business customers in Brazil.

StoneCo prospered until 2021 when the once high-flying fintech stock lost more than 90% of its value during the pandemic. High inflation, loan defaults, and lockdowns devastated the stock as growth reversed course.

3 great foreign companies to invest in right now


However, at least as a company, StoneCo has returned to growth. Its revenue of 5.7 billion reais ($1.2 billion) for the first half of 2023 rose 30% compared to the same period last year. Also, with a limited increase in operating expenses, it generated 533 million reais ($110 million) in net income during the first six months of 2023. StoneCo lost 802 million reais during the same time frame last year.

Despite that recovery, the stock has experienced little growth year to date. This lack of movement has left it with a forward P/E ratio of 15, even though management forecasts a 23% year-over-year revenue increase in Q3. Given that low cost, prospective buyers may want to buy now before more investors start to notice.

3. Sea Limited

Like StoneCo, Singaporean conglomerate Sea Limited’s stock price is down over 90% from all-time highs. The stock plunged as mounting losses and a slowdown in its gaming and e-commerce segments led to a massive sell-off.

3 great foreign companies to invest in right now


Nonetheless, throughout the downturn, SeaMoney, its fintech segment, continued to grow revenue. Moreover, the e-commerce segment Shopee has returned to growth after it retrenched in most markets outside of Southeast Asia.

Still, the gaming segment Garena suffered through a 47% revenue decline in the first half of 2023, in stark contrast to the 41% revenue growth for the rest of the company. Consequently, overall revenue of $6.1 billion rose only 5% compared with the same time frame last year.

The good news for Sea is its cutbacks in non-core markets allowed it to turn profitable. It earned $418 million in the year’s first half, up from a $1.5 billion loss in the year-ago period.

Furthermore, Garena received good news when it gained approval to resume operations in India. This could help reverse the revenue declines that have weighed on the stock.

Additionally, Sea Limited sells near its 52-week lows despite a forward P/E ratio of 18. If Garena resumes its revenue increases, the entertainment stock could return to its rapid growth of past years.


10 stocks we like better than Nu

When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

They just revealed what they believe are the ten best stocks for investors to buy right now… and Nu wasn’t one of them! That’s right — they think these 10 stocks are even better buys.

See the 10 stocks


*Stock Advisor returns as of September 11, 2023


Will Healy has positions in Berkshire Hathaway, Block, Nu, and Sea Limited. The Motley Fool has positions in and recommends Berkshire Hathaway, Block, Sea Limited, and StoneCo. The Motley Fool has a disclosure policy.

News Related


What’s the world’s longest river? New expedition aims to settle the debate once and for all

Editor’s Note: Monthly Ticket is a CNN Travel series that spotlights some of the most fascinating topics in the travel world. In September, we’re celebrating superlatives as we look at some ... Read more »

Special counsel raises more concerns over Trump's attacks on witnesses

Special counsel raises more concerns over Trump's attacks on witnesses Jack Smith's office raises new concerns about Trump's recent public statements. ByKatherine Faulders and Alexander Mallin September 30, 2023, 12:06 ... Read more »

Pope creates 21 new cardinals who will help him to reform church and cement his legacy

Pope creates 21 new cardinals who will help him to reform church and cement his legacy Pope Francis is presiding over a ceremony to create 21 new cardinals ByNICOLE WINFIELD ... Read more »

In a good sign for China's struggling economy, factory activity grows for the first time in 6 months

In a good sign for China's struggling economy, factory activity grows for the first time in 6 months An official Chinese survey says the country's factory activity has recorded its ... Read more »

Ukraine hosts a defense industry forum seeking to ramp up weapons production

Ukraine hosts a defense industry forum seeking to ramp up weapons production Ukraine has hosted an international defense industry conference as part of a government effort to ramp up weapons ... Read more »

Parents Face-Off Over Graphic Content and LGBTQ Books in School Libraries

Link video: http://nbclim-download.edgesuite.net/Prod/NBCU_LM_VMS_-_KXAS/572/598/Wayne_Books_new__078103.mp4 NBCUniversal, Inc. The library, the place long cherished as the source of information on everything, is now in the crosshairs. Groups of parents are demanding certain books ... Read more »

NHRA Midwest Nationals Friday Qualifying: Kalitta's Dream Countdown Continues

Top Fuel points leader Doug Kalitta continued his impressive run in the NHRA Countdown to the Championship at World Wide Technology Raceway, powering to the provisional No. 1 spot to ... Read more »

Purdue vs. Illinois - Staff Predictions

Purdue vs. Illinois – Staff Predictions Purdue sits at 1-3 and has yet to win a home game. Those are not good things. But, the season is not over. Each ... Read more »

Revisiting SEC's greatest upset: Mississippi State over Alabama in 1980

Revisiting SEC’s greatest upset: Mississippi State over Alabama in 1980 TYRONE KEYS AND Johnie Cooks were the last players out of the Mississippi State locker room on the afternoon of ... Read more »

Putin can no longer steer conflict in Ukraine as it unfolds, UK Defense Staff Chief Radakin says

Tony Radakin “The recent strikes on the Black Sea Fleet are another example of how Ukraine retains the initiative. Putin has lost control of the war he started,” Radakin said, ... Read more »

Fake It ‘Til You Make It: 15 Easy Appetizers

Ever felt overwhelmed by the thought of hosting a get-together? Relax, you’re not alone. Our collection of 15 appetizers is the real game-changer you need. It’s like a cheat code ... Read more »

Colorado laws that add 3-day wait period to buy guns and open paths to sue gun industry take effect

Gun Control Colorado DENVER (AP) — When two Colorado gun control laws take effect Sunday, purchasing a firearm will require a three-day waiting period — meant to curtail suicide attempts ... Read more »

Most Valuable Shipwreck Treasures Ever Found

The lure of shipwrecks and the treasures they yield has fascinated many people, not only for their monetary worth but also their rich history. Each wreck is a time capsule ... Read more »

A young engineer 3D prints drones for rebel forces fighting Myanmar's military dictatorship. 'My parents would kill me' if they knew, he says.

An unidentified rebel holds the Liberator MK-2, a 3D-printed drone that was produced by a young engineer in Myanmar. Daphne Wesdorp/Getty Images Myanmar’s military staged a coup in February 2021, ... Read more »

The Most Luxurious Features Of Honda's Most Expensive Vehicle

2023 Honda Passport Trailsport off-roading The 2023 Honda Passport is the brand’s most expensive vehicle. In the strictest sense, it’s not an all-out luxury conveyance, but Honda ensured the Passport ... Read more »

How Much is a Monthly Payment on a $45,000 Car? A Simple Breakdown and Insights

Buying a new car is an exciting prospect, but with a $45,000 price tag, it’s essential to understand the financial implications involved. Figuring out your monthly payment is essential, as ... Read more »

What will happen to Californians if the federal government shuts down? Here’s what to know

Dozens of tourists step out of a shuttle bus just inside Yosemite National Park’s south entrance Monday evening. A partial closure of the park could mean services, along with facilities, ... Read more »

5 Qs with the Daily Norseman

5 Qs with the Daily Norseman Bryce Young is likely back under center on Sunday with the opportunity to face the weakest defense he’s seen yet. The Carolina Panthers finally ... Read more »

Ukraine-Russia war latest: Ukraine closes in on Donetsk airport

Ukrainian military chaplain Ivan prays with infantry soldiers on the frontline near Donetsk on September 9, 2023 – Pierre Crom/Getty Images Europe Ukraine has come within a couple of miles ... Read more »

50 Parting Thoughts From the U.S. Open 2023

Nature abhors a vacuum. So does tennis. This marked the first U.S. Open without Roger Federer and Serena Williams and, great as they were, the sport persisted just fine. Coco ... Read more »

Joakim Noah officiated Derrick Rose’s wedding in touching moment

Call it a Chicago reunion. Joakim Noah and Derrick Rose reunited Thursday for Rose’s wedding, and just like during their respective NBA careers, Noah played an important supporting role — ... Read more »

Elon Musk has his demons. Walter Isaacson does his best to dissect them.

Elon Musk has his demons. Walter Isaacson does his best to dissect them. If you were trying to reverse-engineer from Elon Musk’s life a blueprint for creating the sort of ... Read more »

How to donate to earthquake survivors in Morocco

How to donate to earthquake survivors in Morocco More than 2,100 people have been killed and more than 2,400 injured in the earthquake that struck Morocco on Friday evening. As ... Read more »

Ukraine live briefing: Two foreign aid volunteers dead in Donetsk; German official arrives in Kyiv

The volunteer aid workers killed in Ukraine’s Donetsk region have been identified as 32-year-old Spanish national Emma Igual and Canadian national Anthony “Tonko” Ihnat, according to the Spanish government and ... Read more »

The Promotion Paradox: Are Americans Climbing off the Corporate Ladder?

The Promotion Paradox: Are Americans Climbing off the Corporate Ladder? Promotion Paradox Employers typically issue promotions as a way to recognize employees on consistent hard work and encourage them to ... Read more »

The frontrunners for the 2024 Republican nomination

The frontrunners for the 2024 Republican nomination Former President Donald Trump announced in November that he was seeking the Republican nomination for the presidential elections in 2024. Trump served one ... Read more »

Rugby World Cup 2023: Results, fixtures, schedule in full, how to watch, kick-off times, venues and odds

walesrugbyworldcup11092023a.jpg The Rugby World Cup is in full swing with England making an impressive start to life in Pool D over the weekend. Steve Borthwick’s side looked on course for ... Read more »

Luis Rubiales resigns as Spanish soccer president following unwanted kiss with World Cup winner Jennifer Hermoso

Luis Rubiales on Sunday resigned from his position as president of the Spanish soccer federation following weeks of fierce criticism over his unwanted kiss with Women’s World Cup winner Jennifer ... Read more »

11 Things That The US Should Seriously Adopt From Other Countries, According To A World Traveler

I love the US, but after living abroad in four different countries and traveling to more than 50, I have to say there are certain areas where this great country ... Read more »

U.S. News Releases ‘Best Countries’ Rankings — See What Tops The List

Oleksiy Mark / Shutterstock.com When you’re planning a trip, it helps to know what you can expect when visiting your destination. Finding that in-depth information, however, can be challenging. Fortunately, ... Read more »
Top List in the World