Block (NYSE: SQ) helps sellers run and grow their small and medium-sized businesses with its integrated ecosystem of commerce solutions, business software, and banking services. The fintech giant also happens to be at the forefront of digital payments. More recently, it has expanded its reach to help users facilitate investing, trade Bitcoin, and take advantage of buy now, pay later (BNPL) services.

Block's focus on innovation has positioned it to potentially grow into a major player in finance. The company thrived during the worst of the pandemic thanks to the widespread adoption of digital payments. After heightened growth in 2020 and 2021, growth slowed in 2022 and investors panicked. As a result, the stock trades 77% below its all-time high these days despite the business continuing to do well.

Given this dichotomy, investors must now be wondering whether Block stock is a buy, sell, or a hold. Let's take a closer look and see if an answer presents itself.

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Source Fool.com