Fool.com contributor Parkev Tatevosian reviews StoneCo's (STNE 5.01%) latest financial figures and updates his recommendation on StoneCo stock.
*Stock prices used were the afternoon prices of Aug. 18, 2023. The video was published on Aug. 20, 2023.
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Should Investors Buy StoneCo Stock on the Dip?
By Parkev Tatevosian, CFA
–
Aug 22, 2023 at 6:15AM
NASDAQ: STNE
StoneCo
Market Cap
$5B
Today's Change
(5.01%) $0.78
Current Price
$16.35
Price as of April 26, 2024, 4:00 p.m. ET
StoneCo's stock price dipped after the company announced second-quarter earnings results.
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 his link, 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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