Hyperinflation Is Wrecking These Brazilian Stocks: What It Means for Investors @themotleyfool #stocks $NU $MELI $STNE

December 30, 2024

Free Article

By Jason Hall and Tyler Crowe
–
Dec 30, 2024 at 7:11AM

There are implications beyond just the stock price.

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what’s happening in Brazil that is sending shares of Nu Holdings (NU -0.29%), StoneCo (STNE -0.85%), and MercadoLibre (MELI -0.42%) tumbling, and whether investors should consider them buys.

*Stock prices used were from the afternoon of Dec. 18, 2024. The video was published on Dec. 31, 2024.

Jason Hall has positions in MercadoLibre. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends MercadoLibre and StoneCo. The Motley Fool recommends Nu Holdings. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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