Block Isn’t Dead Money As A Growth Inflection Could Be Close


  • Block Stock has dropped into a deep bear market.
  • Block has demonstrated its ability to improve its profitability as it scales.
  • SQ’s PEG ratio has dropped to highly attractive levels, suggesting the market seems too pessimistic.
  • I argue why the market’s misunderstanding has created another attractive opportunity for investors to buy more. Read on.

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Block Stock Plunged Into A Bear Market

Block, Inc. (NYSE:SQ) investors aren’t new to intense market volatility. As a reminder, SQ is still down almost 80% from its 2021 highs. Therefore, I’m not surprised by the bear market decline since SQ topped

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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