2 Stocks I'm Loading Up on in 2024
The stock market is off to a good start in 2024. The S 500 index is setting new record highs and is up roughly 19% over the past year. With signs that macroeconomic conditions are improving, the market's run has many thinking it could continue.
While the possibility of sustained bullish momentum in the near term is good to hear, it's the long-term opportunities in the market that more often contribute to making investors richer. With that in mind, read on for a look at two top stocks I've purchased in 2024 and plan to hold for the long haul.
(NASDAQ: STNE) is a Brazil-based financial technologies company that provides leading payment-processing solutions and other services for small and medium-sized businesses. While the company's valuation has been kept down by challenges that impacted its lending unit, the fintech has now overcome these issues -- and it's trading at levels that leave room for investors to see explosive returns.
Source Fool.com
StoneCo Ltd Stock
StoneCo Ltd is currently one of the favorites of our community with 11 Buy predictions and no Sell predictions.
With a target price of 16 € there is a slightly positive potential of 9.44% for StoneCo Ltd compared to the current price of 14.62 €.
