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Posted by
Two Blokes Apr 17 -
Filed in
Stock
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2 views
Block, Inc. has diversified business segments with strong revenue from Square and Cash App, despite slowing user growth from the latter. The stock is undervalued, trading at 12x trailing earnings, making it attractive compared to the overvalued broader market. Block's sensible Bitcoin strategy allows for potential gains without being over-exposed. Bitcoin transactions make up a small portion of the company's total gross profit.
