Here's My Top Stock to Buy in September
In the time since its 2015 IPO, Square (NYSE: SQ) has evolved from essentially a payment-processing company to a financial services ecosystem for both small businesses and individuals that's one of the leaders in the war on cash. The company's payment processing hardware can be found in businesses all over the United States, its business lending program has helped small businesses with billions of dollars in liquidity, and its Cash App is actively used by 15 million people and counting. And it's the stock that at the top of my list as we head into September.
Although Square is up by 12% in 2019, the company is still nearly 40% off its all-time highs, despite some pretty encouraging growth in its business. Now could be a great time to buy Square before the market realizes just how much potential the company has.
Square has been revolutionary when it comes to small business payment processing. Image source: Getty Images.
Source Fool.com
