Down 44% in 2022, Is This Warren Buffett Stock a Buy for 2023?

StoneCo (NASDAQ: STNE) is in an excellent position to benefit from a strong secular tailwind. In this video, I will answer if the stock is a buy.






© Provided by The Motley Fool
Down 44% in 2022, Is This Warren Buffett Stock a Buy for 2023?

*Stock prices used were the afternoon prices of Jan. 8, 2023. The video was published on Jan. 10, 2023.

Replay Video

SPONSORED:

Load Error

10 stocks we like better than StoneCo

When our award-winning 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 StoneCo 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 January 9, 2023

 

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.

Continue Reading