3 Reasons to Consider Block Stock
Investors have soured on Block (NYSE: SQ) in recent months. Part of the decline stems from a generalized sell-off in growth stocks. Also, many investors do not like Chief Executive Officer Jack Dorsey's Bitcoin (CRYPTO: BTC) bias, especially after the cryptocurrency's 37% plunge from its November peak.
However, Block stock could still prosper over time. Even if its Bitcoin strategy fails to gain traction, three critical tailwinds will likely be in the fintech stock's favor.
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Source Fool.com
