StoneCo (STNE 5.13%) is in an excellent position to benefit from a strong secular tailwind. In this video, I will answer if the stock is a buy.
*Stock prices used were the afternoon prices of Jan. 8, 2023. The video was published on Jan. 10, 2023.
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Down 44% in 2022, Is This Warren Buffett Stock a Buy for 2023?
By Parkev Tatevosian, CFA
–
Jan 12, 2023 at 6:30AM
NASDAQ: STNE
StoneCo
Market Cap
$5B
Today's Change
(5.13%) $0.80
Current Price
$16.40
Price as of December 1, 2023, 4:00 p.m. ET
This Brazilian fintech company could benefit from rising e-commerce sales.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends StoneCo. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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