SQ - 2 Reasons to Buy Block Stock Like There's No Tomorrow
2024-03-16 03:40:00 ET
Block 's (NYSE: SQ) stock performance in 2020 helped mint a few millionaires. That pandemic-affected year, share prices zoomed higher, rising from $38 to $240.
Then everything came crashing down at the end of 2021. In just six months, shares lost more than 80% of their value.
Factoring in the decline and the potential this company has, right now is arguably the best time ever to buy Block stock. Two factors in particular stand out. First, shares are remarkably cheap for a company with such impressive growth rates. Second, this appears to be your last chance to secure a bargain valuation before the stock price takes off. Let me explain.
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2 Reasons to Buy Block Stock Like There's No Tomorrow