Federal Gov't Adopts Radical New Tech -- Forecast Growth 24,290%

The Federal Reserve, White House and US Treasury are in the middle of a nationwide technology rollout. 41 American banks are already involved. But that number could soon snowball by 24,290%. Here's three ways to capitalize on this wave of adoption.

StoneCo Ltd
NASDAQ:STNE
$14.985

Financials

Curr Year EPS Estimate1.02
Next Quarter EPS Estimate0.20
Profit Margin0.55
Return on Assets-0.01
Return on Equity0.08
Earnings Per Share0.19
Gross Profit762,200,000
Quarterly Revenue Growth0.42

General

NameStoneCo Ltd
TickerSTNE
ExchangeNASDAQ
SectorTechnology
IndustrySoftware-Application
CurrencyUSD
CountryUSA
Fiscal Year EndDecember

About StoneCo Ltd

StoneCo Ltd. provides financial technology solutions to clients and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and technology and solutions to digital merchants through sales and technical personnel and software vendors, as well as sells solutions to brick-and-mortar and digital merchants through sales team. As of December 31, 2019, the company served approximately 495,100 clients primarily small-and-medium-sized businesses; and 116 integrated partners, such as global payment service providers, digital marketplaces, and integrated software vendors. The company was founded in 2012 and is headquartered in George Town, Cayman Islands.

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