Block: Deep Value In The Cash App Ecosystem

The Asian Investor 33.05K Followers Follow Summary Block is rated a 'Strong Buy' due to robust growth in its Cash App ecosystem and compelling valuation. Cash App gross profit grew 31% year-over-year to $1.97 billion in Q2, outpacing Square's growth rate by a large margin. XYZ is expected to deliver 11% average annual top-line growth through decade-end, significantly outpacing PayPal's projected 5%. Management could further support the share price with a major buyback, leveraging strong cash inflows and expanding gross profits. mustafaU/iStock via Getty Images Block, Inc. ( XYZ ) continues to see robust capital inflows, strong growth rates, and gross profit margins in the Cash App ecosystem, with the Cash App segment growing its gross profits twice as fast as the Square-branded payments This article was written by The Asian Investor 33.05K Followers Follow I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon. Analyst’s Disclosure: I/we have a beneficial long position in the shares of XYZ, PYPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.