The stock market is currently clouded by bearish sentiment. Every past bear market has ended in a new bull market, and the S&P 500 has always recouped its losses. Better yet, the ongoing bear market is a great time to buy stocks, and Wall Street appears to have high conviction in MercadoLibre (NASDAQ: MELI) and Block (NYSE: SQ). Read More...
Motley Fool
3 Red Flags for Block’s Future
Block’s (NYSE: SQ) stock plunged nearly 80% over the past 12 months as the fintech giant disappointed investors with its dismal growth rates. Block rolled out Bitcoin trading on the Cash App in early 2018, but that decision was a double-edged sword. On one hand, it generated a lot of fresh revenue, attracted new users to the Cash App, and diversified its business away from Square’s seller-oriented services.
