Under the leadership of CEO Warren Buffett, Berkshire Hathaway has delivered market-crushing returns for decades. So investors take notice when Berkshire takes a stake in a company. And the same applies when it eliminates a stock from its portfolio.
One stock it recently eliminated in the fourth quarter was the Brazilian fintech StoneCo (NASDAQ: STNE). The company has gone through some growing pains in recent years, and Berkshire patiently held its stake until the fourth quarter, when it dropped it.
Investors might be wondering if they should follow Berkshire's lead. Let's dive into the company and see if it's a buy, sell, or hold today.
Source Fool.com