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Block: 3 Reasons To Buy This Fintech On The Drop
SQBLOCK(SQ) Seeking Alpha·2024-06-09 13:41
andresr Block (NYSE:SQ) remains a highly attractive growth play for Fintech investors in FY 2024 as it is seeing continual gross profit momentum in both core business segments, is benefiting from strong Cash App Card adoption and the most recent downtrend in valuation makes shares attractive from a valuation point of view as well. Block's shares have continued to sell off after the Fintech's solid Q1'24 earnings, and I believe the drop represents a new engagement opportunity for long-term investors with ...