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Block: Top Fintech Growth Stock Poised For A Breakout
SQBLOCK(SQ) Seeking Alpha·2024-04-14 12:35

hapabapa Block's Bullish Thesis Remains Intact Block, Inc. (NYSE:SQ) stock has outperformed my expectations since I upgraded SQ to a Buy in early February 2024 before Block's fourth-quarter earnings release. Investors in the Jack Dorsey-led company saw SQ notch a 15% gain against the S&P 500's (SPX) (SPY) 3% upside over the same period. However, like leading fintech player PayPal (PYPL), SQ remains well below its 2021 all-time highs, down nearly 75% from those levels. As a result, investors who chased SQ's ...