StoneCo: Growing Quickly And Trading Cheaply
STNEStoneCo(STNE) Seeking Alpha·2024-06-21 05:42
Lyndon Stratford Investment Thesis: StoneCo (NASDAQ:STNE) is a Brazilian fintech company which provides solutions for MSMB's through the form of payments, software, and banking solutions. Stone has had a volatile few years with a meteoric rise after covid to a high of $90 a share, which was then met with a sharp collapse to a low of $9 a share after the mishandling of their credit segment and major losses with their investment in BancoIntern. As a result of the stock's collapse, the company underwent a  ...