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Despite significant volatility caused by the environment, StoneCo (STNE) nearly tripled its revenue from 2020 and also became profitable, in not the best scenario. Now, the company targets a significant ramp-up in profit which could potentially make
Analyst’s Disclosure:I/we have a beneficial long position in the shares of STNE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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