During the Lightning Round segment of Mad Money Friday night one caller asked Jim Cramer about StoneCo Ltd. . "I like this stock very much," replied Cramer about the company providing an end-to-end cloud-based technology platform for merchants to conduct electronic commerce. In the daily bar chart of STNE, below, we can see that prices bottomed out in March-May and started a rally with a gap higher that quickly broke above the highs of January and February.
Studying Warren Buffett's portfolio for investment ideas requires that investors differentiate between companies that remain a buy and the stocks Berkshire Hathaway owns for other reasons. It makes sense for Berkshire to hold its 400 million shares of Coca-Cola as it receives $656 million in annual dividends from an initial $1.3 billion investment. Investors looking for such companies should consider Berkshire holdings like Barrick Gold (NYSE: GOLD), DaVita (NYSE: DVA), and StoneCo (NASDAQ: STNE).
GEORGE TOWN, Grand Cayman, Oct. 19, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2020 financial results on Thursday, October 29, 2020 at 5:00pm ET (6:00pm BRT). A press release with third quarter 2020 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S. Callers from Brazil can dial +55 11 3181-8565. Callers from the UK can dial +44 20 3795-9972. The call will also be webcast live and a replay will be available a few hours after the call concludes. The live webcast and replay will be available on Stone’s investor relations website at https://investors.stone.co/.About StoneStone is a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses.Contact:Investor Relations firstname.lastname@example.org