
NYSE:SQ
This summary was created by AI, based on 1 opinions in the last 12 months.
Block Inc (SQ-N) is currently facing significant challenges as highlighted by several experts. The technical indicators for the stock present a troubling outlook, suggesting that it is in a downward trend. Additionally, there are concerns regarding the company's revenue growth, which seems to be slowing down significantly. The lack of expansion in profit margins raises further red flags about its financial health. Overall, the sentiment surrounding Block Inc is quite negative, indicating that the company may be struggling to maintain a competitive edge in its industry.
Was a past pick of his and has since shot up. We're heading to a cashless society. Paypal, Square and Visa are all fine in this space. Yes, this can continue to grow, but some growth is already in the price. SQ isn't crazy expensive, but still high. Buy on pullback. Also, Bitcoin's rally helps Square.
A very attractive sector with secular growth. People are moving away from cash. Visa would be a better choice. There are better opportunities out there since the stock has run up so much.
It has been hot during Covid. Their peer-to-peer payments app is arguably better than PayPal's. It's up 185% in the last 6 months and is now pricey. If the stock pulls back after it reports in 2 weeks, buy some.