5 Cheap Value Stocks To Buy According To Warren Buffett

3. StoneCo Ltd. (NASDAQ:STNE)

Berkshire Hathaway’s Q3 2023 Investment Value: $114 million

Latest P/E Ratio: 22.17

Latest Share Price: $14.5

StoneCo Ltd. (NASDAQ:STNE) is a Brazilian financial technology company headquartered in the Cayman Islands. The firm was out with some big plans on its investor day in November 2023, when it shared that it could more than double its profits over the next four years.

During this year’s third quarter, 32 out of the 910 hedge funds profiled by Insider Monkey had invested in StoneCo Ltd. (NASDAQ:STNE). Warren Buffett’s Berkshire Hathaway owned the biggest stake which is worth $114 million.

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