StoneCo (STNE)
Among the 10 best tech stocks to buy for 2019, StoneCo was the highest risk/reward play. A relative unknown in the U.S., the Brazilian fintech, analogous to Square (SQ) domestically, had been growing like a weed and was fresh off a 2018 IPO. Usually newly public companies debut at overhyped valuations and it takes time to settle into proper trading ranges. STNE has seen enormous volatility, but StoneCo’s price in the months after its IPO is proving too conservative, not too inflated; revenue jumped 57% last quarter and EPS nearly tripled. The stock is the single biggest winner on this list, proving once again that Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B), an early investor, is as savvy as they come.
YTD return: 64%
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