1 Growth Stock Down 65% to Buy Right Now
The tech stock sell-off that investors have seen since late 2021 has not spared many companies. Even large, established businesses have been hit, including Tesla (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA). Both are among the biggest companies in the world, yet they have seen their share prices fall 26% and 44%, respectively, from their all-time highs.
Block (NYSE: SQ) is in a similar boat. It is one of the leading fintech platforms for consumers and small and medium-sized businesses (SMBs), and it is seeing continued adoption. However, the shares are down about 65% from their all-time highs. With the stock trading at a huge discount despite its size and scale, competitive advantages, and potential, I think Block is a no-brainer investment at these levels.
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Source Fool.com
