5 Blue-Chip Stocks at All-Time Lows

4. Block, Inc. (NYSE:SQ)

Market Cap: $28.1B

A look at Block, Inc. (NYSE:SQ) P/S ratio shows the stock is valued near it all-time lows. Block, Inc. (NYSE:SQ) has been struggling lately and has lost about 18% in value over the past one year. Latest filings show that Alyssa Henry, the CEO of Square merchant payment system, is stepping down. She will be replaced by none other than Jack Dorsey, the CEO of Block, Inc. (NYSE:SQ).

As of the end of the second quarter of 2023, 66 hedge funds tracked by Insider Monkey reported owning stakes in Block, Inc. (NYSE:SQ) as of the end of the second quarter.