Is StoneCo Stock a Buy Now?
Warren Buffett and his team at Berkshire Hathaway are known for their value approach to investing. So when they choose something a little different, investors should definitely take notice.
Berkshire Hathaway took a position in Brazilian fintech StoneCo (NASDAQ: STNE) when it went public in 2018. It's down 42% since its initial public offering (IPO) and 80% off its highs.
Did Buffett make a mistake? When he does, he's not hesitant to sell. But Berkshire Hathaway is holding on to it. Is StoneCo stock a buy today?
Source Fool.com
Berkshire Hathaway Inc. A Stock
€616,000
0.900%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 5.52% compared to the current price of 616000.0 € for Berkshire Hathaway Inc. A.
