Is Block, Inc. (XYZ) A Good Stock To Buy Now?

Is XYZ a good stock to buy? We came across a bullish thesis on Block, Inc. on PrimeTrading’s Substack by Alex. In this article, we will summarize the bulls’ thesis on XYZ. Block, Inc.'s share was trading at $58.99 as of March 19th. XYZ’s trailing and forward P/E were 27.54 and 15.80, respectively according to Yahoo Finance.

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. XYZ, under Jack Dorsey’s leadership, has executed a transformational pivot that is...