Is It Too Late to Buy StoneCo Ltd. Stock?
Fintech is a hot topic in emerging markets, like Brazil, where (NASDAQ: STNE) operates. The company offers various banking and fintech services, and its shares have risen more than 60% during the past year.
Despite its recent momentum, shares remain well off their past highs, raising the question: Is the stock at the beginning of a significant run? Or should investors be wary of this bounce?
Unfortunately, there is one red flag that may spoil the fun.
Source Fool.com
StoneCo Ltd Stock
€14.62
-2.880%
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 €.
