The topic of conversation on this occasion is the necessary explanation of Investing in StoneCo.
Investing in StoneCo is a possible option that will have a good 2020 in terms of its growth expectations, we talk about the actions of Warren Buffett, which has the most growth in the portfolio in relation to income, presents the possibilities to grow in the immediate future, so to know more let's see the following content.
What is StoneCo?
We are talking about a business management software developer, in which he has financial technology offers in Brazil, with $ 10 billion payment solutions, has been generating a lot of interest, in the 2nd quarter large increases in payment volumes were noted of the merchants, year after year of 61 percent, active customers grew by 80 percent to 360,200 by comparing it at the same time last year, it is possible that this company will achieve great things in companies in general in Brazil, because this country It is largely without access to banking services.
What is StoneCo news?
In the software subscription model the strong investment made by this company is based, in the following quarters the growth of the subscribed clients was noticed in 70,000, in the 2nd quarter and in the first of 32,000 in 2019, which is possible that In 2020 the StoneCo is not economical for reinvestment as a strategy, Wall Street estimates its growth at 38 percent, it is possible that it has the scope to even double those available.So we end with this article, in which we talk about Investing in StoneCo, we hope that this information of this content will be of great help to the readers of it.
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