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3 Reasons Growth Investors Like Cathie Wood Love Block Stock
SQBLOCK(SQ) The Motley Fool·2024-02-17 12:45

Cathie Wood, the founder and CEO of Ark Invest, got her reputation by investing in tech companies with huge growth potential. One of her top holdings is Block (SQ -5.53%), with her Ark Innovation ETF owning around $500 million in shares, roughly 6% of its entire portfolio.There's a lot to love about Block stock. If its growth potential is realized, shares could easily double, triple, or even quadruple in value. Why are growth investors like Cathie Wood betting so big on the company? There are three major fa ...