Block Inc. Is Probably Oversold

24 Oca 2022

You can now purchase shares of Square / Block, the high growth fintech company, for what it was trading at back in fall of 2018. This parabolic selloff in ostensibly a quality growth name constitutes a buying opportunity for long term investors, and should be a solid place to begin DCA'ing or selling puts (which would be a great idea with the recent volatility!).

I'd recommend the April 75's. They pay 7.4% and give you a further 30% discount to the current price.

Cheers!