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Should Investors Buy StoneCo Stock on the Dip?

TheMotleyFool

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Should Investors Buy StoneCo Stock on the Dip?: https://g.foolcdn.com/editorial/images/744842/buy-the-dip.png

Fool.com contributor Parkev Tatevosian reviews 's (NASDAQ: STNE) latest financial figures and updates his recommendation on StoneCo stock.

*Stock prices used were the afternoon prices of Aug. 18, 2023. The video was published on Aug. 20, 2023.

Source Fool.com

StoneCo Ltd Stock

The price for the StoneCo Ltd stock decreased slightly today. Compared to yesterday there is a change of -€0.015 (-0.130%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on StoneCo Ltd.
As a result the target price of 16 € shows a positive potential of 34.96% compared to the current price of 11.86 € for StoneCo Ltd.

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