Sunday, September 27, 2020

Square stock: Is Square a Buy Even If the Stock Market Crashes?

 Here is the article. 

Square (NYSE:SQ) has been one of the top-performing stocks on the market in recent years. The mobile payment company's stock price has returned more than 1,100% over the past five years, and this year it is up more than 150%. Square has been a growth machine, pandemic or no pandemic.

With such strong growth, it has attracted a lot of investors -- and a lot of expectations. At Friday's close, its price-to-earnings ratio was a ridiculously high 245 and its price-to-book-value an astronomic 34. Is Square primed for a correction if the tech bubble bursts? And if so, is it still a buy today?


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