Is It Too Late to Buy Square Stock?
After suffering from a downturn along with other high-growth stocks this past spring, shares of Square (NYSE: SQ) are back on the rise and notching yet another market-beating return so far in 2021 (the stock is up 29% year to date as of this writing, compared to an 18% return for the S&P 500).
However, after the announced acquisition of smaller fintech peer Afterpay (OTC: AFTP.Y) and a subsequent run higher, Square is valued at an enterprise value of $124 billion. The stock is up an incredible 2,390% over the last five years alone.
Is it too late to buy? Hardly.
Source Fool.com
